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Letter to shareholders/Half-year report 2010

July 29, 2010

Slight rebound in Switzerland, re-evaluation abroad: In the first half of 2010, our domestic sales revenue in Switzerland slightly rose by 0.2% to CHF 116.5 million; abroad, sales revenue fell by 49.9% to CHF 24.5 million.

Financial highlights:

  • Decline of sales revenue by 14.6% to CHF 141.0 million
  • Decline of EBITDA by 33.7% to CHF 16.0 million
  • Decline of operating income (EBIT) by 37.4% to CHF 6.2 million
  • Decline of net income by 84.3% to CHF 0.9 million
  • Decline of cash flow by 20.0% to CHF 13.9 million