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BRIEF-Zur Rose Group posts H1 net loss of CHF 18.1 million
August 23, 2017 / 5:05 AM / a month ago

BRIEF-Zur Rose Group posts H1 net loss of CHF 18.1 million

Aug 23 (Reuters) - ZUR ROSE GROUP AG

* INCREASE SALES BY 7.2 PER CENT TO CHF 465.8 MILLION (8.2 PER CENT IN LOCAL CURRENCY) IN FIRST HALF OF 2017

* BECAUSE OF EXTRAORDINARY EXPENSES, H1 EBITDA AMOUNTED TO MINUS CHF 11.6 MILLION (SAME PERIOD OF PREVIOUS YEAR: CHF 7.8 MILLION)

* H1 NET INCOME/(LOSS) AMOUNTED TO MINUS CHF 18.1 MILLION (SAME PERIOD OF PREVIOUS YEAR: CHF 0.2 MILLION)

* EXPECTS ORGANIC SALES GROWTH APPROACHING 10 PER CENT FOR FULL YEAR 2017 AND A NEGATIVE EBITDA

* TARGET FOR THIS YEAR IS SIGNING OF A CONTRACT FOR ACQUISITION OF BUSINESS OPERATION OF A GERMAN MAIL-ORDER PHARMACY Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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