Saurer posts higher orders and sales
19/01/2007
Switzerland-based manufacturer of spinning, texturising, twisting and embroidery systems Saurer booked orders worth €2,030 million in 2006, an increase of 39% compared with the previous year’s €1,464 million. Sales of €1,896 million were 21% above the previous year’s figure. At the end of the year, the order backlog in the textile division was €586 million, the highest level ever recorded by the company.
In the Textile division, the market for ring spinning machines was consistently strong, and from the second quarter onwards the rotor and filament spinning market also saw an improvement. The Asian markets, with
Following the completion of the acquisition of Saurer by OC Oerlikon, Saurer’s annual report and financial statement will be published concurrently with those of OC Oerlikon on March 27.
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