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IC Group suffers loss despite record sales

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Published in issue 16/2002
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In the 2001 financial year the Swiss IC Group’s sales crossed the one-billion-franc benchmark for the first time ever: sales rose by 8% to SFr1.02bn, up from SFr942.6m. Adjusted for acquisitions, however, they dropped by 1.3% to SFr930.8m. EBIT were SFr8.5m (previous year: SFr25.4m), and the cash flow totalled ...

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