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LINOS AG Königsallee 23 37081 Göttingen, Germany http://www.linos.de
Contact Ms Marina Schaefer +49 551 6935123
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LINOS AG

LINOS AG generates lower revenue and earnings in fiscal 2008

Revenue 5.0 per cent lower than in the previous year at EUR 89.1 million in 2008. The operating profit (EBIT) amounted to EUR 3.5 million. For 2009, the Executive Board expects a further shortfall in business development

(PresseBox) (Göttingen, )
LINOS AG (ISIN DE0005256507) generated revenue of EUR 89.1 million in the 2008 fiscal year. This represents a decrease of 5.0 per cent over the previous year (EUR 93.8 million). The reduction is only 2.8 per cent if the major order from a Turkish technology company is disregarded and only the basic business is taken into consideration. The shortfall in business development is attributable essentially to the general economic downswing all over the world, to the weakness of the semiconductor market and to the financial crisis.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.