March 6, 2020 / 5:50 AM / a month ago

BRIEF-SFS Group FY Consolidated Net Profit Up At CHF 206.5 Mln

March 6(Reuters) - SFS Group:

* FY SALES GREW BY 2.5% TO CHF 1,781.4 MILLION

* FY CONSOLIDATED NET PROFIT ROSE BY 6.5% TO CHF 206.5 MILLION

* TO PROPOSE DIVIDEND OF CHF 2.10 PER SHARE (PREVIOUS YEAR: CHF 2.00)

* FOR 2020 EXPECTS 0–2% INCREASE IN SALES IN LOCAL CURRENCIES AND INCLUDING CHANGES IN SCOPE OF CONSOLIDATION

* AMID CHALLENGING ENVIRONMENT, SFS EXPECTS THE EBIT MARGIN FOR THE 2020 FINANCIAL YEAR TO RANGE BETWEEN 12–14%

* IT IS STILL TOO EARLY TO PROVIDE ACCURATE ASSESSMENT OF FULL IMPACT OF COVID-19 VIRUS

Source text: bit.ly/2TGb878

Further company coverage: (Gdansk Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below