Flexible Electronics News

SCHOTT Returns to Profitability

Sales declined 2 percent to 1.84 billion euros due to currency translation

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By: DAVID SAVASTANO

Editor, Ink World Magazine

SCHOTT looks back on a difficult but, nevertheless, satisfactory fiscal year 2012-2013 (Oct. 1, 2012, to Sept. 30, 2013). “Our withdrawal from the polycrystalline photovoltaics business in mid-2012 fortunately did not put a permanent strain on our results. After a one year-long interruption, we returned to profitability,” Dr. Frank Heinricht, chairman of the Board of Management, said. Consolidated net income amounted to €26 million. Besides the positive results of continued operations that am...

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