The following is a summary of business results for each of the companys reportable segments, comparing third quarter 2010 with third quarter 2009, for sales and pre-tax operating income (PTOI). All references to selling price are on a U.S. dollar basis, including the impact of currency.
Orders up 18%1 on industrial recovery and large power order; Revenues positive after five quarters of decline; Operational EBIT margin2 up to 14.0% as cost take-out delivers further benefits
Profit after tax for January-September 2010 was SEK 528 million (January-September 2009: SEK 781 million).
Cotton has long been “the fabric of our lives,” but seven organizations have developed new and innovative uses for the plant that evolved cotton’s role beyond fabric, alone. A series of new film clips on the Cotton Today Web site present the innovators and the fruits of their creativity:
As the worlds market leader for beverage filling and packaging technology, Krones is continuing to benefit from the worldwide economic recovery. During the period from January to September 2010, sales rose by 16.1 % to reach 1,583.0 million euros.
Net sales were $1,506 million, up 15% from prior year period
New M-600 to work alongside sister press to provide much needed extra capacity
