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Article: Gerresheimer has Passed the Turning Point.
- Article from:
- PR Newswire Europe
- Article date:
- October 15, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DE[pounds sterling]SSELDORF, Germany, October 15 /PRNewswire/ --
- Nine-Month Sales (Excluding Technical Plastics) 1.7% Down on Prior Year
- EBITDA Margin at High Level of 17.2%
- As Expected, Third Quarter Marked by Inventory Reductions by Large Customers
DE[pounds sterling]SSELDORF, Germany, October 15 /PRNewswire/ --
In the first nine months of the financial year (December 2008 - August 2009), Gerresheimer AG achieved sales of EUR 744.3m (prior year EUR 783.4m). Excluding the Technical Plastics business which has been sold, sales totaled EUR 714.9m, a reduction of 1.7% compared with the prior year. The corresponding ...