Market environment remains challenging for Walter Meier - Combination with Tobler on track
(WorldNews Switzerland)

MEDIA RELEASE Schwerzenbach, 17 August 2017 MARKET ENVIRONMENT REMAINS CHALLENGING FOR WALTER MEIER - COMBINATION WITH TOBLER ON TRACK Sales drop slightly due to market environment that remains challenging with great pressure on margins EBITDA margin of 6.4 percent up on previous year (4.7 percent) One-off integration expenses result in loss Combination is on track, expectations regarding synergies have been increased Medium-term earnings target remains an EBITDA of CHF 60 million, which will enable income per share to climb back to CHF 2 In the first half of 2017, Walter Meier AG achieved consolidated net sales of CHF 187.7 million (previous year: CHF 110.5 million). This increase in sales...