August 22, 2019 / 6:07 AM / a month ago

BRIEF-Bossard H1 Net Income Down At 41.6 Million Francs

Aug 22 (Reuters) - BOSSARD HOLDING AG:

* H1 NET INCOME CHF 41.6 MLN VS CHF 49.0 MLN YR AGO

* SEES SALES IN RANGE OF CHF 860 MILLION TO CHF 880 MILLION IN FISCAL YEAR 2019 (2018: CHF 871.1 MILLION)

* EBIT MARGIN WILL BE AT THE LOWER END OF THE TARGET RANGE OF 10 PERCENT TO 13 PERCENT

* REMAINS OPTIMISTIC WITH RESPECT TO GROUP’S PERFORMANCE OVER THE MEDIUM AND LONG TERM

Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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