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Micronas Hans-Bunte-Strasse 19 79108 Freiburg, Germany http://www.micronas.com
Contact Pressekontakt +49 761 5172324
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Micronas

Review of strategic options

Losses in Consumer business; Automotive positive

(PresseBox) (Freiburg, )
The Micronas Group recorded a drop in net sales and an operating loss for the second quarter of 2007. This downturn was due to cost pressure affecting the Consumer division. Consolidated net sales for the quarter amounted to CHF 171.2 million, a fall of 5.5 percent on the first quarter. Sales and operating profit in the Automotive division were on a par with the previous quarter. In view of the persistence of the adverse trading conditions facing the Consumer business, all the strategic options available to secure the Group's future will be reviewed in the coming months.

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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.