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SAIA-Burgess forecasts sales of more than half a billion

Switzerland's SAIA-Burgess expects sales to break through the key SFr500 million ($305 million) mark over the course of this year.

The electrical components to automation systems group made the announcement on Tuesday after revealing a 17.7 per cent increase in sales over 2000 at SFr382.7 million ($234.4 million).

The group said its operating profit margin for 2000 would be higher than in 1999, rising to slightly more than 10 per cent of sales.

Full results are due out on March 27.

swissinfo with agencies


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