Sarna 2003 sales down amid weak U.S. demand

Newswire

ZURICH, Feb 24 (Reuters) - Swiss polymers maker Sarna Kunststoff Holding AG said on Tuesday 2003 sales fell to 865 million Swiss francs ($692 million) from 966 million a year ago amid weak demand in the U.S. automotive sector. Excluding negative currency effects and the sale of a unit, sales dropped three percent in local currencies, the group said. Sarna's full 2003 figures are due for release on March 30. The firm said in November it would restructure its car parts division, cut ...

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