Ascom showed resilient performance in the first half-year 2020
(WorldNews Switzerland)

Half-year 2020 results Net revenue of CHF 133.4 million, growth rate of 2.8% at constant currencies1 Incoming orders of CHF 154.8 million, increase by 1.1% at constant currencies Order backlog as of 30 June 2020 increased by 17.6% to CHF 194.3 million at constant currencies EBITDA2 improved to CHF 8.4 million, with an EBITDA margin of 6.3%, due to efficiency gains and a decline in functional costs Group result of a small loss of CHF 0.3 million Balance sheet structure improved with a positive net cash position as of 30 June 2020 Targets 2020 reiterated Low single digit revenue growth (at constant currencies) with a high single digit EBITDA margin (under the assumption that the Covid-19...