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Dätwyler Holding AG Gotthardstr. 31 6460 Altdorf, Switzerland http://www.daetwyler.ch
Contact Mr Guido Unternährer +41 41 875 19 00
Company logo of Dätwyler Holding AG
Dätwyler Holding AG

Daetwyler Group regains profitability

(PresseBox) (Altdorf, )
The Daetwyler Group increased net revenue by 19.5% to CHF 677.0 million in the first six months of 2010. The recovery of key markets and the firsttime consolidation of Reichelt Elektronik contributed to this figure. Better capacity utilisation and streamlined cost structures enabled the Group to achieve profitability almost on a level with previous years, posting an EBIT margin of 10.4%. At CHF 51.0 million, the net result virtually doubled compared with the year before. Daetwyler is optimistic about the full year and expects the stable development of demand to continue.

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