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Unaxis sales up by more than a third

unaxis Keystone

The technology group, Unaxis, has seen sales rise by 36 per cent to SFr2.14 billion ($1.2 billion) for the first nine months of the year.

Sales in its core businesses of Information Technology, Surface Technology and Component Special Systems rose by 38 per cent to SFr1.84 billion.

In a statement, the company said: “For the business year as a whole, we continue to expect a positive development for sales and profits as well as a significant improvement on the prior year.”

The figures released on Wednesday included for the first time the majority-owned producer of semiconductor manufacturing equipment, Esec, which was fully consolidated in September.

Unaxis, formerly Oerlikon-Bührle, is in the process of selling its Pilatus light aircraft unit and hopes to find a buyer by the end of the year.

The company’s shares joined the Swiss Market Index at the beginning of the month.

swissinfo with agencies

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SWI - a branch of Swiss Broadcasting Corporation SRG SSR

SWI - a branch of Swiss Broadcasting Corporation SRG SSR