Weitnauer earnings improve despite sales fall
12-Apr-2003
Weitnauer has announced a 35% growth in earnings before tax for 2002 despite a 7% fall in sales to SFr1.02bn ($734m)
The company attributed the sales slowdown to the disposal of its distribution and wholesale activities late last year, as well as the end of its beauty concession at Singapore, plus the strength of the Swiss franc against the dollar.Bookmark This Article
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(15-Apr-2003) - By Dermot DavittINTERNATIONAL. Switzerland-based operator Weitnauer has announced a 35% increase in earnings before tax for 2002 despite a 7% fall in sales to SFr1.02bn ($734m).
(10-Sep-2003) - **TRW EXCLUSIVE** Weitnauer ceo Frederic Gauchet welcomes positive earnings in the Swiss operator's first half-year results since it sold its distribution business
(3-Jun-2003) - SWITZERLAND. The Nuance Group recorded sales last year which were almost on a par with 2001, but earnings fell sharply for the second year running.
(1-Sep-2003) - By John RimmerINTERNATIONAL. Swiss operator Weitnauer welcomed positive earnings in the first six months of the year, compared with a loss over the same period in 2002.
(6-Mar-2002) -

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Weitnauer earnings improve despite sales fall
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