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Sumida AG Dr. Hans-Vogt-Platz 1 94130 Obernzell, Germany http://www.sumida-eu.com
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Sumida AG

VOGT reports 1st Quarter results 2009:- Business development is characterized by financial crisis and recession

(PresseBox) (Obernzell, )
During the first quarter of the financial year 2009 the business development of VOGT electronic AG manufacturing inductive components and modules as well as sub-assemblies for the electric and electronic industry was characterized by the overall economic situation and shows a clear decline of business compared to the 1st quarter of the previous year.

The Group revenue of the first three months reduced by -38.6% to 24.0 million € compared to the 1st quarter 2008 (1st quarter 2008: 39.1 million €.)

The revenue in automotive electronics contributing more than 50% to the total revenue of VOGT declined strongly by -16.5% rqbklaie ks hnpfflkk ervx fwxead.

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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.