Solid performance continues in H2

Horgen, October 27, 2006 – In the first nine months of 2006, Schweiter Technologies Group reported new orders of CHF 362.7 million (+32%). Gross revenues reached CHF 331.7 million (+35%). 


SSM Textile Machinery 
SSM Textile Machinery continued its positive performance in the 2nd half. Profitability showed a renewed improvement in the 3rd quarter on the back of strong sales and strict cost management. 

Satisloh 
Following the record levels of incoming orders and sales seen in the 1st half, business activity remained at a high level in the 3rd quarter. Profitability edged up again in the 3rd quarter on the strength of high sales volumes. 

Ismeca Semiconductor 
As forecast mid-year, bookings of new orders were down on the preceding quarters. Coupled in particular with a gross margin that fell short of expectations, the lower order volume translated into an unsatisfactory Q3 result. 

Outlook Group 
Due to the lower volume and gross margin of Ismeca Semiconductor, the Group result in the 2nd half will not quite reach 1st half’s level.