Orell Fussli reports sales of CHF 173.9M in H1 2008
Half-year results 1/2008
Growth in sales and profits at Orell Fussli
First-half results higher than in the previous year - stronger industrial business -high capacity utilisation in security printing continues - flat growth in book retailing and publishing - good annual outcome expected.
Zurich, August 5, 2008. The Orell Füssli Group reported sales of CHF 173.9 million for the first half of 2008, an increase of 4.7% compared with the same period of the previous year. Operating earnings (EBIT) improved by 27.8% to CHF 15.0 million and net profit after minority interests rose by 15.0% to CHF 10.7 million. These results reflect the still favourable business environment in the group's sales markets and special factors in the security printing business, where high-margin transactions were completed in the first six months.
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