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08-28-2008

Simona: Strong Results for First Half

During the first six months of 2008, the Simona Group managed to expand both revenue and earnings against the backdrop of relatively stable economic conditions. Sales revenue generated during this period stood at EUR 157.1 million, which corresponds to year-on-year growth of 4.1%. At the same time, the plastics-processing company propelled EBIT by 40.4% to EUR 13.2 million.

Revenue from domestic sales amounted to EUR 59.4 million, thus matching the high level achieved in the same period a year ago. In the region covering the "Rest of Europe and Africa" the company managed to lift sales revenue by three per cent to EUR 79.3 million. The sales region of "Asia, Americas and Australia" recorded a significant increase in revenue, up 27.9% to EUR 22.0 million.

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