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Letter to shareholders/Half-year report 2008

July 30, 2008

The domestic and foreign growth momentum of successful 2007 continued in the first half of 2008.

Financial highlights:

  • Increase in sales revenue by 38.0% to CHF 222.9 million
  • Growth of operating income before acquisition-related depreciation and amortization (EBITA) by 14.7% to CHF 28.5 million
  • Increase of amortization of intangibles by 276% to CHF 3.7 million
  • Decrease of financial income from CHF 2.9 million to CHF –1.0 million
  • Decline of net income by 24.3% to CHF 15.1 million