High Co. SA Reports Earnings Results for the Year 2019; Provides Earnings Guidance for the First Half of 2020
High Co. SA reported earnings results for the year 2019. For the year, the company reported recurring operating income of EUR 16.54 million against EUR 14.12 million a year ago. Attributable net income was EUR 9.32 million against EUR 8.64 million a year ago. Gross profit was EUR 95.22 million against EUR 87.57 million a year ago.
The company expects sharp business decline in the first half of 2020, due to the impact of the COVID-19 pandemic.