Saurer swings to 39.9 mln Sfr H1 net profit

Newswire

ZURICH, July 28 (Reuters) - Swiss manufacturing group Saurer AG swung to a first-half net profit of 39.9 million Swiss francs ($29.62 million) from a loss of 9.6 million a year ago, it said on Monday, forecasting higher full-year results. "All in all Saurer anticipates a constant level of sales for the second half-year and, due to the unfavourable product mix in the Textile and Transmissions Systems divisions, a slightly lower operating profit margin overall," it said. "Compared with the ...

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