With nearly constant sales of Euros 2BN, and a satisfactory profit comparable to that of the previous year, Schott Technology performed well in a weak world economy. In the current fiscal year Schott plans to invest around Euros 250M in strengthening existing business and building up new activities. The main emphasis in building up future businesses is on photovoltaics, top of the range thin glasses for TFT displays and microlithography. In the 2000/2001 fiscal year progress was variable in the company's key market. While the telecommunications and semiconductor market practically collapsed, the markets for household appliances and pharmaceutical packaging were solid. This variable pattern could be seen across the group's five business units. (whole item)
