Weitnauer upbeat as earnings improve - UPDATE

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

 

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(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.
(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)
(6-Nov-2002) - SWITZERLAND. Swiss travel retailer Weitnauer is to split its activities into two separate divisions?Weitnauer Retail and Weitnauer Distribution. The distribution arm, described as ?non-core? by the company, will be integrated into a newly formed division, and is being prepared for sale.
(9-Oct-2003) - Weitnauer Group of Companies ceo Frederic Gauchet promises continued innovation and investment under the new title