Implenia sees its earnings decline in the first half

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Zurich (awp) – In the first half of the year, the Implenia construction group posted operating profit excluding the Partial Affect Plan (PPP) that was well below market expectations. The latter fell 60.3% to 11.4 million in annual comparison, announced Tuesday the Zurich.

During this period, turnover increased by 2.8% to 2.18 billion Swiss francs. Net income was $ 0.5 million, compared to $ 8.9 million a year ago.

Analysts consulted by AWP were expecting an operating profit (EBIT) excluding PPP of 23 million and sales of 2.15 billion.

The company has confirmed its annual objectives. EBIT is expected in particular above 150 million Swiss francs. Implenia is continuing its restructuring.

lk / al



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https://www.zonebourse.com/IMPLENIA-AG-173800/actualite/Implenia-voit-son-benefice-reculer-au-premier-semestre-29088428/

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