March 7, 2019 / 5:54 AM / 4 months ago

BRIEF-Ascom Holding FY Group Profit Of CHF 21.4 Mln

March 7 (Reuters) - ASCOM HOLDING AG:

* FY NET REVENUE OF CHF 318.5 MILLION WITH A GROWTH RATE OF 2.8% (1.7% AT CONSTANT CURRENCIES)

* FY INCOMING ORDERS OF CHF 329.6 MILLION WITH A GROWTH RATE OF 1.5%; ORDER BACKLOG INCREASED BY 4.4%

* FY EBITDA OF CHF 39.0 MILLION REPRESENTING AN EBITDA MARGIN OF 12.2%

* PROPOSES DIVIDEND OF CHF 0.45 PER SHARE

* 2019 TARGETS: 3-5% REVENUE GROWTH AND IMPROVEMENT OF EBITDA MARGIN OF BETWEEN 100 AND 200 BASIS POINTS COMPARED TO 2018

* MID-TERM TARGETS: MID-SINGLE DIGIT REVENUE GROWTH AND AN EBITDA MARGIN CONVERGING TOWARDS 20% Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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