All the regions and market segments in which the Tornos Group operates emerged from recession during 2010. The medical segment returned to a normal level at the beginning of the year, rapidly followed by automotive, then electronics and finally watchmaking. In geographical terms, the upturn has also been observed in all markets, albeit with a certain time lag in some cases. By the end of the year, all regions and market segments were on a positive trend.
New orders received during the year just ended were 2.5 times greater than in the previous year, totalling CHF 214.7 million. This represents an increase of 151.2% on 2009 (CHF 85.5 million).
The Tornos Group’s consolidated gross sales totalled CHF 160.1 million in 2010 - a 40.0% increase on the previous year (CHF 114.4 million).
The detailed Group results will be published at the press conference scheduled for 14 March 2011 in Zurich.
Tornos Group For more info Geri Staudenmann or Julia Moreno Geri Staudenmann Kommunikation, Biel Tel. +41 32 345 24 44 Fax +41 32 345 24 48 [email protected]
