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BRIEF-MCH Group H1 group profit without minorities down at CHF 26.5 mln
September 5, 2017 / 4:56 AM / 3 months ago

BRIEF-MCH Group H1 group profit without minorities down at CHF 26.5 mln

Sept 5 (Reuters) - MCH GROUP AG

* H1 ‍CONSOLIDATED GROUP PROFIT (WITHOUT MINORITIES) CHF 26.5 MILLION VERSUS 56.1 MILLION CHF YEAR AGO​

* H1 OPERATING INCOME TOTALS CHF 305.6 MILLION, 9.4 % BELOW FIRST SIX MONTHS OF PREVIOUS YEAR​

* H1 ‍EBITDA IS CHF 63.7 MILLION AND APPROXIMATELY ONE THIRD BELOW FIGURE FOR PREVIOUS TWO YEARS​

* ‍IS EXPECTING A RESULT FOR 2017 THAT WILL BE AT LEAST 50 % BELOW THAT OF 2016 RESULT OF CHF 34.3 MILLION​

* ‍FOR 2018, MCH GROUP IS THUS EXPECTING A RESULT IN RANGE OF EXPECTED RESULT FOR 2017​

* ‍CONFIDENT OF ACHIEVING A POSITIVE DEVELOPMENT IN ITS RESULT AGAIN IN MEDIUM TERM THANKS TO A NUMBER OF NEW INITIATIVES​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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