September 14, 2018 / 6:20 AM / a month ago

BRIEF-Aevis Victoria H1 Net Loss Of CHF 1.6 Mln

Sept 14 (Reuters) - AEVIS VICTORIA SA:

* H1 TOTAL REVENUES DECREASED BY 5.2% TO CHF 319.1 MILLION (2017: CHF 336.6 MILLION)

* H1 EBITDA AMOUNTED TO CHF 31.8 MILLION, REPRESENTING AN EBITDA MARGIN OF 11.3% (2017: CHF 42.9 MILLION, 14.5%)

* H1 NET LOSS OF CHF 1.6 MILLION, VERSUS NET PROFIT OF CHF 12.2 MILLION IN H1 2017

* COST-SAVINGS MEASURES WILL BE FULLY EFFECTIVE AS FY 2019 WITH EXPECTED ANNUAL CONTRIBUTION OF CHF 25 MILLION ON GROUP LEVEL Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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