| Looser Holding increases its profitability |
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| Looser Holding builds on its strong results for the financial year 2009 and sustains its positive performance of the first quarter 2010: revenue growth in the first half-year 2010 amounted to 7.6 percent after currency and acquisition-related adjustments, the operating result (EBITDA), at 30.3 million Swiss francs, increased by 4.1 percent against the prior year period. The Group closed the first half-year 2010 with consolidated net income of 11.0 million Swiss francs. |
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| Link to the press release 8/16/2010 |
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| Strong operating performance for Looser Holding |
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| In the financial year 2009, Looser Holding generated revenues of 468.4 million Swiss francs and a gratifying operating result (EBITDA) of 59.4 million Swiss francs. After currency and acquisition-related adjustments, net revenues only declined by 3.3 percent against the prior year and the operating margin, at 12.7 percent, was almost as high as in the previous year (13.0 percent). Net debt was reduced by a marked 57.3 million Swiss francs. The equity ratio amounted to 40.5 percent. |
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| Link to the press release 4/30/2010 |
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| Looser Holding on growth path |
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| Following the strong 2009 operating result, Looser Holding continues on its growth path in the 1st quarter 2010. In the first three months of 2010, the Group generated an operating result (EBITDA) of 14.0 million Swiss francs in the Coatings, Industrial Services, Temperature Control and Doors business divisions, thus outperforming the prior year period (prior year: 13.8 million Swiss francs). If the market development remains stable, the Group expects its revenues and profits to grow in the current financial year. |
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| Link to the press release 4/27/2010 |
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