Ad hoc: Report on First-Half-Year Results as of June 30, 2008 - Significant Increase of EBIT margin(PresseBox) (Obernzell, )
For the first six months of the current fiscal year VOGT electronic Group achieved an operating profit of EUR 4.4. million (1st half year 2007: EUR 2.9 million). Related to sales an EBIT margin of 5.7% has been generated (1st half 2007: 3.1%). This positive development of EBIT results mainly from restructuring measures implemented in fiscal year 2007 to improve cost structure and to optimize operational processes.
Net profit after tax and before special items improved to EUR 3.6 million (1st half year 2007: - EUR 0.5 million).
For further information please refer to the Report on First-Half-Results as of June 30, 2008, which will be published on our homepage on August 6, 2008 (www.vogt-electronic.com).