Positive outlook

Following an above-average start into the current fiscal year, bookings abated slightly in the second quarter but still remain on a high level. For the coming months, HUBER+SUHNER expect the good development of business to continue, even if the second half-year tends to be weaker than the first for seasonal reasons. Assuming the environment continues to be favourable, the Group expects an excellent result for the year. HUBER+SUHNER aim to exceed already this year the target EBIT margin of seven percent which was originally forecast for the year 2005.