Daetwyler results show recovery in 2010

ERJ staff report (DS)

Altdorf, Switzerland — Daetwyler recovered further in 2010 as its markets recovered, though the recovery was varied by region and segment. Daetwyler said demand was generally higher across all its four divisions. At Group level, Daetwyler lifted net revenue year-on-year by 17.6 percent to CHF 1319.5 million (euro ?? million) (previous year CHF 1122.2 million). .

The Rubber Division benefited from the dynamic recovery staged by the automotive industry. Net revenue grew 13.4 percent to CHF 151.4 million (PY CHF 133.5 million). In…

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