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BRIEF-Gurit Holding H1 net profit up at CHF 15.3 mln
August 18, 2017 / 5:12 AM / 2 months ago

BRIEF-Gurit Holding H1 net profit up at CHF 15.3 mln

Aug 18 (Reuters) - GURIT HOLDING AG:

* H1 NET SALES OF CHF 175.2 MILLION , CURRENCY-ADJUSTED DECREASE OF -0.5% AND -3.9% IN REPORTED SWISS FRANCS OVER PREVIOUS YEAR

* H1 OPERATING PROFIT AMOUNTED TO CHF 21 MILLION

* NET PROFIT FOR FIRST HALF-YEAR 2017 AMOUNTED TO CHF 15.3 MILLION (1HY 2016: CHF 14.1 MILLION)

* CONFIRMS TO REACH A LOW SINGLE-DIGIT REVENUE GROWTH FOR FULL YEAR 2017

* FY OPERATING PROFIT MARGIN IS EXPECTED TO REACH UPPER END OF GUIDED RANGE OF 8 TO 10 PERCENT OF NET SALES Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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