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Bossard Group Sales Decline

February 05
00:00 2004
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Bossard Group Sales Decline

Jason Sandefur

The Bossard Group reported sales slipped 3.7% to CHF 433 million (US$347.6 million) in 2003, while net profit remained unchanged at about CHF 9 million. �Thus in a difficult economic environment the group has been able to defend (the) prior year�s profit despite lower sales,� the Swiss fastener manufacturer stated. The company�s full results will be released March 16. Web: bossard.com �2004 FastenerNews.com

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