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Swissmetal's sales for 2005 broadly in line with expectations – Industry activity remains stable at a low level – The first synergy effects under the implementation of the industrial concept Dornach - Reconvilier, 20 January 2006
In the 2005 financial year, Swissmetal generated gross sales of CHF 198 million*) and gross added value sales of CHF 103.5 million**), broadly in line with expectations. Activity in the industry as a whole remained stable in the fourth quarter, at a low level. The first synergy effects of the industrial concept presented in December 2005 can be felt by the formation of the teams issuing from both plants. For the period 2006-2010, Swissmetal plans to invest CHF 75 million in its Swiss production facilities in order to exploit internal potential for synergies and thus give both its sites, at Dornach and Reconvilier, long-term development prospects. |
