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| ALSO Group remains on course In the first nine months of 2010 the ALSO Group increased its net profit over the same period in 2009 by 9% (10% in local currencies) to CHF 16.3 million. At CHF 2966 million, consolidated net sales remained at the same level as last year (+6% in local currencies). Including non-recurring costs related to the planned merger with Actebis and barring unforeseen circumstances, ALSO expects a net profit of CHF 22 to 25 million for 2010 (2009: CHF 15 million). Economic developments in the European markets remain unsure. At the present moment it is therefore difficult to predict exactly how demand will move in the fourth quarter, which is traditionally the strongest. Including non-recurring costs related to the planned merger with Actebis and barring unforeseen circumstances, ALSO expects a net profit of CHF 22 to 25 million for 2010 (2009: CHF 15 million). write your comments about the article :: © 2010 Construction News :: home page |