Micronas once again posts profit for first quarter of 2011

Micronas once again posts profit for first quarter of 2011

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– Net sales of CHF 41.4 million
– EBIT margin of 13.7 percent
– Positive cash flow from operating activities
– Sales of CHF 82 million are now expected for the first half of 2011, CHF 79 million attributable to the Automotive division, and an EBIT margin of 10 percent is confirmed
The consolidated net sales for the Micronas Group (Automotive and Consumer) amounted to CHF 41.4 million for the first quarter of 2011 (CHF 45.1 million for the fourth quarter