Nuance looks back on solid 2001 results

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The Nuance Group announced today its provisional 2001 trading figures which show consolidated revenues will amount to SFr1.73bn ($1.048bn), down 4% compared to 2000. Sales including joint ventures were SFr1.98bn ($1.2bn), down 5.7%.

While group sales were up in the period to the end of August, sales in September to December showed a decline of 14% compared a year ago. Nuance said it created a positive cash flow, even in the most difficult September to December 2001 period.

The Nuance Group, president and ceo, Peter Petersen commented: "Given the difficult business environment, Nuance has perfomed well. The first two weeks of 2002 show certain improvements. We have managed to optimise spend per head and won a series of decisive tenders which secure our position as a leader in airport retailing. Thank you to my entire team."