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Huber+Suhner net sales, order intake decline in 2020

Friday 22 January 2021 | 09:58 CET | News
Huber+Suhner said its net sales declined by 11.2 percent year-on-year in 2020 to CHF 737.9 million, according to unaudited results. Order intake fell by 6.6 percent to CHF 748.2 million and organic growth declined by 10 percent in 2020 compared to the prior year. The company increased the EBIT margin in the second half of last year from 6.7 percent in H1. It had anticipated an EBIT margin at the lower end of the medium-term target range of 8-10 percent for 2020.

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Categories: Fixed
Companies: Huber+Suhner
Countries: Switzerland / World
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