The Micronas Group recorded a drop in net sales and an operating loss for the second quarter of 2007. This downturn was due to cost pressure affecting the Consumer division. Consolidated net sales for the quarter amounted to CHF 171.2 million, a fall of 5.5 percent on the first quarter. Sales and operating profit in the Automotive division were on a par with the previous quarter. In view of the persistence of the adverse trading conditions facing the Consumer business, all the strategic options available to secure the Group's future will be reviewed in the coming months.
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