Brief: Feintool International FY Sales CHF 719.6 Million

Feintool International Holding AG

27/02/2025 05:34

Feb 27 (Reuters) - FEINTOOL INTERNATIONAL HOLDING AG FTON.S:

FEINTOOL INTERNATIONAL FY EBITDA CHF 23.9 MILLION

FEINTOOL INTERNATIONAL FY NET INCOME CHF -44.7 MILLION

FEINTOOL INTERNATIONAL FY EBIT CHF -49.3 MILLION

FEINTOOL INTERNATIONAL FY SALES CHF 719.6 MILLION

DUE TO CONTINUED LOW VISIBILITY IN EUROPE, FEINTOOL IS NOT GIVING ANY GUIDANCE FOR 2025

EXPECTS BUSINESS TO CONTINUE TO DEVELOP POSITIVELY IN NORTH AMERICA AND ASIA IN 2025

LAUNCHED RESTRUCTURING PROGRAMS IN EUROPE WILL BE REALIZED IN PERIOD FROM 2025 TO 2026

GROUP IS CONFIDENT THAT IT WILL ACHIEVE ITS MEDIUM-TERM TARGET OF AN EBIT MARGIN OF OVER 6 %

NO DIVIDEND SHALL BE PAID OUT IN 2024 DUE TO EARNINGS SITUATION

Source text: ID:nGNE5vvrSs

Further company coverage: FTON.S

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