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Adval Tech Gruppe Freiburgstr. 556 3172 Niederwangen, Switzerland http://www.advaltech.com
Contact Mr Jean-Claude Philipona +41 31 980 82 75
Company logo of Adval Tech Gruppe
Adval Tech Gruppe

Adval Tech expects further improvement in the results

(PresseBox) (Niederwangen, )
As reported on March 23, 2011, in 2010 the Adval Tech Group achieved the turnaround in operating earnings (EBIT), thanks to a sharp rise in sales coupled with the timely launch of cost-cutting measures. For the 2011 financial year, Adval Tech expects further improvement in the results.

The improvement of some CHF 24 million in yearly EBIT for the Adval Tech Group is an important milestone on the road back to profitability. After bottoming out in the first quarter of 2009 the main sales markets have recovered steadily.

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