Saia Burgess releases disappointing figures

The electrical parts firm, Saia Burgess, has reported half-year earnings of SFr11.6 million ($6.8 million) on sales of SFr241.5 million.

This content was published on August 7, 2001 - 10:44

The group's earnings were lower than for the same period last year. The company, based in Murten, said its performance had been affected by the economic slowdown in the United States and Europe.

It added that the sales increase of 23.9 per cent was primarily due to the contribution from the US-based electric motor group, Ledex and Dormeyer that it bought at the end of last year.

The figures, released on Tuesday, were a little lower than analysts' forecasts. Saia Burgess had warned in March that its earnings in the second quarter would be hit by the economic slowdown.

swissinfo with agencies

In compliance with the JTI standards

In compliance with the JTI standards

More: SWI certified by the Journalism Trust Initiative

You can find an overview of ongoing debates with our journalists here. Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at

Sort by

Change your password

Do you really want to delete your profile?

Your subscription could not be saved. Please try again.
Almost finished... We need to confirm your email address. To complete the subscription process, please click the link in the email we just sent you.

Discover our weekly must-reads for free!

Sign up to get our top stories straight into your mailbox.

The SBC Privacy Policy provides additional information on how your data is processed.