August 25, 2017 / 6:05 AM / a month ago

BRIEF-U Blox Holding H1 EBIT up at CHF 29.5 mln

Aug 25 (Reuters) - U Blox Holding AG:

* SAID ON THURSDAY IN H1 POSTED ENCOURAGING 7.9% INCREASE IN REVENUES FROM CHF 179.7 MILLION TO CHF 193.9 MILLION

* H1 EBIT ROSE BY 6.1% TO CHF 29.5 MILLION, REPRESENTING A MARGIN OF 15.2%

* H1 NET PROFIT SAW A 2.6% DECREASE TO CHF 18.0 MILLION, A NET PROFIT MARGIN OF 9.3% (H1 2016: 10.3%)

* FULL-YEAR REVENUE AND EBIT EXPECTATIONS REMAIN UNCHANGED

* MEDIUM TO LONG-TERM PERSPECTIVES EXPECT CONTINUED GROWTH

Source text - bit.ly/2xxCFLj

Further company coverage: (Gdynia Newsroom)

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