VOGT electronic manufactures inductive components and modules as well as electronic assemblies for the electrical and electronic industry. Due to the ongoing global economic crisis the business development at VOGT electronic slowed down clearly compared to first 6 months in 2008. Consolidated revenue reduced to 47.3 million € (previous year 78.2 million €). The results of operations dropped to -3.6 million € (previous year 4.4 million € due to a low sales level. The Group results after tax amounted to -5.2 million € (previous year 3.3.million €).
The decline in sales affected all industry sectors and regions. The revenue in
The decline in sales affected all industry sectors and regions. The revenue in
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