Sarna posts 5.3 mln Swiss franc H1 net loss

Newswire

ZURICH, Aug 19 (Reuters) - Swiss plastics group Sarna posted a first-half net loss of 5.3 million Swiss francs ($4.22 million), hit by restructuring costs at its car division, the firm said on Thursday. Sales increased 5.5 percent to 426 million francs, while operating profit sank 38.5 percent to 6.4 million. "The restructuring measures introduced in the automotive business at the end of last year are showing the first results," the firm said in its statement. Sarna, which makes ...

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