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Schaltbau GmbH Hollerithstraße 5 81829 München, Germany http://www.schaltbau-gmbh.de
Contact Wolfdieter Bloch +49 89 93005209
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Schaltbau GmbH

Schaltbau Group with excellent start to fiscal year 2008

(PresseBox) (München, )
The Schaltbau Group has successfully maintained the level of dynamic performance it displayed the previous year. "We have achieved and even exceeded our earnings targets," asserted Dr. Jürgen Cammann, Executive Board Spokesman of the Schaltbau Group, at the company's annual press conference.

In the fiscal year 2007 earnings before interest and taxes (EBIT) improved to total € 14.1 million compared with € 11.8 million the previous year. Group net profit rose by 35 %, up from € 6.0 million in 2006 to a total of € 8.2 million in 2007. Profit attributable to shareholders of Schaltbau Holding AG jumped from g 8.4 ltgarpp (6761) ob h 1.8 iitrnfs.

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