Kistler Group on a Steady Course for Growth

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Orders up 50 %

Kistler Group on a Steady Course for Growth
Kistler Group on a Steady Course for Growth

The recovery of the world economy, and particularly the boom in the Asian automobile industry, mean things are also taking off for the Kistler Group. Sales were boosted 34 % on the previous year to reach 213 million francs. Orders increased by 50 % compared with 2009 to top 240 million Swiss francs.
The fastest increase in production was achieved in the factories in Germany and the USA. Various productivity boosting measures enabled this growth to be managed largely with the existing workforce. However, according to Kistler, new jobs will be created at all sites over the coming months, with 34 positions currently on offer at Winterthur alone.
Rolf Sonderegger, CEO of the Kistler Group, is very confident about the 2011 financial year and expects growth to remain dynamic over the coming months: "We were off to a good start in the New Year, production is in full swing and the order books are full. A further strengthening in the euro and the US dollar at this point would create the right conditions for 2011 to be a record year."

Posted on February 8, 2011 - (8805 views)
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