Think Tools profit up

Think Tools says its net profit more than doubled to SFr3.38 million ($1.97 million) in the second quarter of the year. The company said it now expects to exceed its own financial forecasts for 2000.

This content was published on August 28, 2000 minutes

Net sales for the first six months of the year at SFr10.44 million were almost equal to sales for the full year in 1999. Second quarter sales alone were SFr7.18 million.

Think Tools said the stronger second quarter sales were due to deals with clients in the banking and pharmaceutical sectors.

It is also preparing joint ventures with existing clients after announcing earlier in August that it is taking a 25 per cent stake in an e-bank being set up by the private bank, Vontobel.

Think Tools specialises in technology for problem-solving and knowledge management.

It has been one of the most successful of the companies to launch on the high-tech Swiss New Market index.

swissinfo with agencies

In compliance with the JTI standards

In compliance with the JTI standards

More: SWI certified by the Journalism Trust Initiative

Contributions under this article have been turned off. 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

Share this story

Change your password

Do you really want to delete your profile?