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SIMONA AG Teichweg 16 55606 Kirn, Germany http://www.simona.de
Contact Mr Eric Schönel +49 6752 14997
Company logo of SIMONA AG

SIMONA Group records slowdown in growth due to weak investment dynamics

Revenue down 8.2 per cent in first half - EBIT margin 4.3 per cent - Business expected to remain slack in second half

(PresseBox) (Kirn, )
The SIMONA Group continued to feel the adverse effects of sluggish investment spending in the second quarter as economic conditions remained volatile. In the first half of 2012, the plastics processing company generated sales revenue of €149.0 million, down €13.3 million or 8.2 per cent on the figure posted for the extremely buoyant first six months in 2011. In the second quarter, sales revenue declined by 10.5 per cent to €76.4 million (Q2 2011: €85.4 million).

"The SIMONA Group has been affected to an increasing extent by the progressive economic downturn since as early as the second half of 2011.
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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.