FY trading update. Organic sales growth stood at 7.1% (only 4.8% OG in H2). On the reported figures, sales progressed by 7.9% (negative FX effect stood at 5.6%, in local currencies sales progressed by 13.5%) to CHF 3.65bn. By region, Europe OG was at 5.6%, NAFTA achieved 7.9% OG, whereas ROW OG stood at 11.4%. The group expects the FY operating profit margin to be at least the same level as last year. More details with the full financial statement on 8 March.
14 Jan 2016
FY trading update: H2 OG disappoints
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
FY trading update: H2 OG disappoints
Chocoladefabriken Lindt & Spruengli AG (0QKN:LON) | 0 0 0.9% | Mkt Cap: 15,290m
- Published:
14 Jan 2016 -
Author:
Anna Zyniewicz -
Pages:
2
FY trading update. Organic sales growth stood at 7.1% (only 4.8% OG in H2). On the reported figures, sales progressed by 7.9% (negative FX effect stood at 5.6%, in local currencies sales progressed by 13.5%) to CHF 3.65bn. By region, Europe OG was at 5.6%, NAFTA achieved 7.9% OG, whereas ROW OG stood at 11.4%. The group expects the FY operating profit margin to be at least the same level as last year. More details with the full financial statement on 8 March.