7/6/2010
NEWS BRIEFS
Bossard Profit Up As Sales Climb
Positive sales trend continues � marked increase in profit year on year
The Bossard Group reported sales growth of 18.5% during the second quarter of 2010, marked by increased profit.
“The uptrend in sales in the first quarter of 2010… continued in the second quarter of 2010,” the company stated. “The improvement in demand in the first half of 2010 was stronger than expected.”
The noticeably higher demand is reflected in a profit leap in the Bossard’s consolidated result.
“Thus after the first six months of 2010 the result has already surpassed CHF 15.3 million – the net profit reported for the entire 2009 business year.”
Bossard will issue more detailed six-month results on August 31, 2010, as part of the company’s semi-annual report. ©2010 GlobalFastenerNews.com
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