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Huber+Suhner records 6% net sales decline in 2019

Thursday 23 January 2020 | 16:54 CET | News
Net sales and order intake were hit in particular by the end of a major 4G project in India, and a weaker railway market in China. The company already recorded a decline in net sales of 5.6 percent year-on-year to CHF 447.3 million in the first half of last year. Adjusted for currency and copper effects, the shortfall in net sales was of 3.9 percent. Order intake and sales increased in the rest of the business, instead, particularly for strategic growth initiatives.

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Categories: General
Companies: Huber+Suhner
Countries: Switzerland
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