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Newave Group reports net sales of CHF 39.41 million for the first half of 2009, marginally lower than in the first half 2008. EBITDA for the first half was at CHF 6.67 million and EBIT at CHF 5.45 million, reflecting an EBIT margin of 13.8 %. Net profit for the period was CHF 4.40 million. Despite the challenging economic environment, Newave has managed to keep consolidated sales at a level close to last year and to protect its profitability.
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Attachments:
Press Release NW PR HY 2009 EN
Half-Year Report 2009
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