StarragHeckert 9-month net down amid tough market

Newswire

ZURICH, Nov 21 (Reuters) - Swiss machine tool maker StarragHeckert Holding AG said on Friday earnings, sales, and new orders fell in the first nine months of the year amid tough markets. The firm, which supplies machining centers and manufacturing systems for the aerospace, power generation and car industries among others, said net sales inched down to 122.4 million Swiss francs ($94 million) from 125.8 million a year ago. Hurt by lower margins, earnings before interest, tax, ...

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