Saurer H1 net profit rises, one-offs help

Newswire

ZURICH, July 27 (Reuters) - First-half net profit at Swiss textile machinery and car components maker Saurer rose to a better-than-expected 38.8 million euros ($47.19 million), helped by one-off gains from the sale of a business, the firm said on Tuesday. Saurer said operating profit before one-off gains was steady at 47.5 million euros. First-half sales fell slightly to 802.1 million euros from 841.9 million a year earlier. Analysts in a Reuters poll had on average expected net profit ...

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