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BRIEF-Emmi H1 net profit up 8.6 pct at CHF 66.0 million
August 23, 2017 / 5:05 AM / 3 months ago

BRIEF-Emmi H1 net profit up 8.6 pct at CHF 66.0 million

Aug 23 (Reuters) - EMMI AG:

* H1 ‍SALES OF CHF 1,600.2 MILLION, WHICH WAS 0.4 % HIGHER THAN PREVIOUS YEAR‘S FIGURE OF CHF 1,594.1 MILLION​

* H1 ‍EBIT FELL BY 2.2 % (FROM CHF 92.5 MILLION TO CHF 90.4 MILLION), NET PROFIT ROSE BY 8.6 % TO CHF 66.0 MILLION (PREVIOUS YEAR: CHF 60.8 MILLION)​

* ‍EARNINGS EXPECTATIONS REMAIN SAME AS ANNOUNCED IN MARCH 2017​

* ‍PARTIALLY REVISING ITS SALES TARGETS ANNOUNCED IN MARCH 2017​

* ‍2017 ORGANIC SALES GROWTH TARGET AT GROUP LEVEL IS NOW -1 % TO 0 % (INSTEAD OF 1 % TO 2 % GROWTH)​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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