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<a href="http://www.accessmylibrary.com/coms2/summary_0286-35366564_ITM" title="Facts and information about Germany - Balda revenues drop to EUR 129.4 million as expected.">Germany - Balda revenues drop to EUR 129.4 million as expected.</a>
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Germany - Balda revenues drop to EUR 129.4 million as expected.
(From Telecompaper Europe)
German manufacturer of mobile phone parts Balda despite difficult operating conditions largely achieved its targets in the first half of this year. From January to June the company recorded revenues amounting to EUR 129.4 million (H1 2006: EUR 164.4 million) and a pre-tax loss (EBT) of EUR 6.7 million (H1 2006: EUR 11.8 million). While business in Europe developed only weakly, Asia gained substantially. The cause of the Group's fall in revenues of 21.3 percent is thus mainly to be found in the development of the European Infocom division. ...
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