Kudelski targets 1 bln sfr annual sales by end-2008; strong start to 2007 |
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Published
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Fri, 16 Feb 2007 12:01
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LAUSANNE, Switzerland (AFX) - Kudelski SA is targeting annual sales of 1 bln sfr by the end of 2008 by focusing on its digital TV and public access divisions, the group said in statement accompanying a media conference.Kudelski chief executive Andre Kudelski said that the group had made a strong start to 2007 and that he expects the positive trend to continue.Earlier today, Kudelski said it expects total revenues in the current year in the range of 930-950 mln sfr and an EBIT in the range of 110-125 mln sfr.The group also reported a record-beating full year net profit of 138.53 mln sfr, up from 86.77 mln a year earlier, beating analyst expectations of 129.2 mln sfr.afx.zurich@afxnews.comjmt/jsaCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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