Home
Search:
1146 feeds
357 categories
0 articles (<24 hours)
29 registered users

Use the Mobile version
Mobile

Follow our Twitter feed

View our Linkpartners
Links

Username:
Password:

Register | Retrieve

General


RSS FeedsFirst-half result for 2019: Schweiter reports substantial revenue growth
(WorldNews Europe)

 
 

15 august 2019 08:15:31

 
First-half result for 2019: Schweiter reports substantial revenue growth
(WorldNews Europe)
 


Steinhausen, August 15, 2019 - Schweiter Technologies reported a strong first half in 2019, posting a double-digit percentage increase in revenues.Group revenues rose by 14% year-on-year to CHF 613.7 million (+16% in local currencies), driven by the Perspex acquisition. Adjusted for acquisitions and currency effects, organic growth came to 2%. EBITDA rose by 8% to CHF 63.1 million.Return on net sales declined marginally to 10.3%, owing mainly to acquisitions and to one-off expenses incurred for integration. Operating profit (EBIT) amounted to CHF 44.5 million and net income to CHF 34.2 million. Operating cash flow rose by 50% to CHF 33.0 million, while cash and cash equivalents stand at CHF...


 
10 viewsCategory: General > Europe
 
Comet Group: Difficult market environment weighs on first-half results - Cost reduction measures executed - Strategic direction set
(WorldNews Europe)
Freshfields advises on Thailandīs largest-ever banking merger
(WorldNews Europe)
 
 
blog comments powered by Disqus


Copyright © 2008 - 2024 Indigonet Services B.V.. Contact: Tim Hulsen. Read here our privacy notice.
Other websites of Indigonet Services B.V.: Nieuws Vacatures Science Tweets Nachrichten