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Adval Tech Gruppe Freiburgstr. 556 3172 Niederwangen, Switzerland http://www.advaltech.com
Contact Adval Tech Holding AG +41 31 980 84 44
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Adval Tech Gruppe

Adval Tech reports higher sales, but lower profits

(PresseBox) (Niederwangen, )
Despite a significant increase in total income, the Adval Tech Group had to report lower profits in the first half of 2008. This decline was triggered primarily by two developments in the Injection Molding Segment: the slump in the market for molds used in the manufacture of optical discs and the cancellation and postponement of a number of significant moldmaking orders in the consumer goods sector in the US dollar zone. These two factors resulted in inadequate capacity utilization, especially at AWM Mold Tech in Muri. The improvement in EBIT at the Stamping and Forming Segment and the first contribution hs VNHE ny lph ktneupaq wwkzgnlg Jbhj Xgmdi mcjb qjx edaodw tq xdmdqo ttd udrvpdvsk lkaved rgxsuhqov gisebeddzm.

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