Oerlikon 2006 profit rises to 302 mln Sfr

Newswire

ZURICH, March 27 (Reuters) - Swiss technology group Oerlikon said on Tuesday 2006 net profit rose to 302 million Swiss francs ($247.5 million) from 21 million francs in the previous year, boosted by the acquisition of Saurer in 2006. "Overall we are optimistic that we will be able to continue to achieve above-average growth in our markets and to realise profit margins above the average through the efficient management of the group," Georg Stumpf, chairman of the board of directors, said in ...

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