April 16, 2019 | Adval Tech consolidates its position as a global module supplier to the automotive industry
(WorldNews Switzerland)

Media release Adval Tech Group 2018 annual financial statements and outlook for 2019 Niederwangen, April 16, 2019, 7.00 a.m. - With net profit of CHF 8.8 million and EBIT of CHF 12.4 million, the Adval Tech Group confirmed the long-term positive trend in financial year 2018. This is due in particular to the systematic implementation of the focusing strategy and to measures aimed at increasing productivity. As already stated on March 21, 2019, the group posted total income of CHF 198.2 million in 2018 (2017: CHF 207.9 million), EBITDA of CHF 20.7 million (2017: CHF 19.2 million) and an EBIT margin of 6.2% (2017: 5.1%). At the Annual General Meeting on May 23, 2019, the Board of Directors will...