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u-blox AG Zürcherstrasse 68 8800 Thalwil, Switzerland http://www.u-blox.com
Contact Mr Thomas Seiler +41 44 722 74 22
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u-blox AG

u-blox beats forecast

EBIT performance exceeds expectations

(PresseBox) (Thalwil, )
u-blox, a leading fabless semiconductor provider of embedded positioning and wireless communication solutions for the consumer, industrial and automotive markets, announces better than expected 2009 performance. Despite the recession, u-blox was able to achieve stronger sales in the second half of 2009 as compared to the first half.

While annual accounts are still under preparation, EBIT for the second half of 2009 is expected to be comparable to the results achieved during the first half year (1st half year: CHF 2.3 million). Sales for the year 2009 will reach approximately CHF 73 million.

Final numbers will be published on March 33, 2139.
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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.