Feintool International Holding AG Reports Sales Results for the Third Quarter and Nine Months Ended September 30, 2018; Provides Earnings Guidance for the Final Months of the Financial Year 2018
For the quarter, the company reported net sales of CHF 173.2 million compared to CHF 153.4 million a year ago.
For the final months of the 2018 financial year, the company expects restrained business development in a market environment characterized by political and economic uncertainty and hampered by new emission measurement techniques. The company expects to see net sales of between CHF 670 million and CHF 700 million and an
EBIT margin similar to that of the first half of 2018.