In Switzerland, both group companies show a two-digit increase. In Austria though, after many years of constant and significant increase, we had to accept a slight minus variation in turnover primarily due to temporary delivery problems of a technically sophisticated product.
The results concerning operative cash flow (EBITDA), earnings before interest and taxes (EBIT) and net result could be increased over proportionally.
ifferent factors have contributed to this development.
First of all, the new corporate strategy has surely showed some first effects.
The new Corporate Identity introduced at Swisstech 2006 has lead to a better perception of our products and services.
Especially our increased focus on our customers and therefore our disposition to solve also the most complex problems in the sealing and moulded rubber parts sectors have consolidated our good reputation.
Moreover, our complimentary customers’ seminars and our investments in new production facilities have contributed to this positive development.
And last but not least, the economic pick-up surely helped us in this development.
We herewith would like to thank all our customers and assert that we will continue to offer products and services of the highest level.
For the year 2008 we also have great plans.
By the end of February our new main catalogue will be available. Besides the price lists for standard products, this catalogue will contain a compilation of technical information in the sectors gaskets, springs and rubber parts which is probably unique in this completeness.
We are already looking forward to hand over this catalogue to our customers.
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