CORPORATE NEWS:
Nextrom announces half-year results
Nextrom Holding SA, Switzerland, the world’s premier supplier of manufacturing solutions and services to the fibre optic industry, has announced its financial results for the first six months of 2004. Despite a difficult market situation in the telecommunication and fibre optic industry being difficult, Nextrom received new orders worth of CHF 12.0 million (2003: CHF 6.2 million). The order backlog amounted to CHF 8.2 million at the end of June 2004 (2003: CHF 6.9 million). Gross sales for the first 6 months amounted to CHF 7.9 million (first 6 month 2003: CHF 10.3 million). Since the market has continued to be more difficult than anticipated and the expectations for a market recovery have been continuously postponed, the company has decided on a new restructuring programme.
Company: |
Nextrom Holding SA |
Country: |
Switzerland |
Fax: |
+41 21 804 8401 |
Email: |
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Website: |
www.nextrom.com |