Uster Technologies return to
Pre-Crisis Performance Level
Uster Technologies Ltd, one of the leading high technology
instrument manufacturers of products for quality measurement and
certification for the textile industry, announced that on-going
strong demand from textile markets worldwide should allow it to
return to its pre-crisis performance levels for both gross sales
and EBITA earlier than expected. The positive market
developments already seen in 2010 continued in the first few
months of the financial year 2011 and supported sales growth,
headed by record sales of the new generation of USTER® QUANTUM 3
yarn clearer following its launch in the 3rd quarter of 2010.
CEO Geoffrey Scott comments: “We are very pleased with the
current strong market conditions. The continued strong business
in all major markets underlines our offering’s positive impact
on the quality and efficiency levels of our customers,
supporting them in growing their businesses. Based on current
market insight indicating continued high demand, in particular
from the important Asian markets, Uster Technologies Ltd is
confident its sales and EBITA numbers for financial year 2011
will be similar to the results last seen during the record year
in 2007.”
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