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Electronics Production | November 03, 2005

Elektrobit lowering sales

Net sales amounted to 54.9 million euro (57.8 million euro: a decrease of 2.9 million euro or 5.0%).
Net sales amounted to 54.9 million euro (57.8 million euro: a decrease of 2.9 million euro or 5.0%). Net sales of the Automotive business increased, net sales of the Testing business remained at the same level as previous year and net sales of the Contract R&D business and Automation Solutions business unit decreased. Operating profit amounted to 9.4 million euro (13.5 million euro: a decrease of 4.1 million euro or 30.6%). The operating profit of the Services business segment amounted to -0.7 million euro (1.8 million euro), of the Products business segment amounted to 10.1 million euro (14.8 million euro) and of the other businesses to 0.0 million euro (-3.1 million euro).

The company's objective for 2005 is to continue its efforts towards long-term development by adding resources to sales, marketing and competence development, as well as to research and development.

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