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- Title
Saurer: higher order intake for fiber machinery.
- Abstract
In its textile machinery business, Saurer AG recorded an order intake last year of CHF 1.874 million and sales of CHF 1.928 million. After a good start in the first half-year, the cotton sector suffered from declining demand in the second half. This especially affected the rotor spinning and twisting sectors, which only showed first signs of recovery towards the end of the year. With the order book at the end of 2003 again improved over the previous year, Saurer can expect a further increase in the synthetic fiber machinery sector in the current year.
- Subjects
CORPORATE profits; FINANCIAL performance; CORPORATE finance; SAURER AG; TEXTILE machinery industry; MACHINERY industry; SYNTHETIC fibers industry; TEXTILE industry
- Publication
Melliand International, 2004, Vol 10, Issue 1, p12
- ISSN
0947-9163
- Publication type
Article