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RSS FeedsResilient H1 performance, full recovery in June
(World News Egypt)

 
 

30 july 2020 07:32:20

 
Resilient H1 performance, full recovery in June
(World News Egypt)
 


• Early priorities on health measures for employees, partners and communities • Resilient performance with net sales decrease 10.8% LFL, Recurring EBIT decrease 22.0% LFL • Rapid execution of action plan `HEALTH, COST & CASH` delivering visible results • Over-proportional cost decline vs volumes development in May and June • Excellent free cash flow1 generation of CHF 749m (+198%), strong balance sheet and liquidity • Further strengthening leadership in green construction • Fast demand recovery with an encouraging outlook for second half of 2020 Performance Overview Jan Jenisch, CEO: `I`m very proud of our teams` rapid and agile response to the crisis since the beginning of January. We were...


 
9 viewsCategory: General > Africa > Egypt
 
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(World News Egypt)
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