Schott: Optmistic For 2010 - Expects Double-Digit Sales Growth

Schott is optimistic regarding the future after a rather difficult fiscal year ended 30 September 2009. Thanks to the solid results of the first five months of the new fiscal year, the company expects the rest of the year (2010) to develop positively. "We are beginning to leave the economic crisis behind us & will increase our sales by a double-digit percentage," said Professor Udo Ungeheuer, the Chairman of the Board of Management, during the annual results press briefing in Mainz on 19 March. Moreover, Schott also began manufacturing "Fiolax" special glass tubes for pharmaceutical packaging at its main site in Mainz in October 2009. Schott Group's business units are currently reporting positive figures, with the Home Tech division among the units that are recording the highest growth.

Author
Un-named
Origin
Unknown
Journal Title
Glassonline 24 March 2010
Sector
News Items
Class
N 2433

Request article (free for British Glass members)

Schott: Optmistic For 2010 - Expects Double-Digit Sales Growth
Glassonline 24 March 2010
N 2433
Are you a member?
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
12 + 8 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.