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Rofin-Sinar Announces Increased Sales

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HAMBURG, Germany, Nov. 11 -- Rofin-Sinar Technologies Inc. has reported net sales of $35.9 million for its fourth fiscal quarter, an increase of 17.6 percent over the comparable period in 1998. These record sales included almost $2 million shifted from the previous quarter due to delays in shipments to certain customers. Gross profit totaled $12.7 million, or 35.3 percent of sales, compared with 1998's fourth-quarter profit of $11.1 million, or 36.5 percent of sales. The company reported net income for the quarter of $1.7 million, which represented 4.8 percent of net...Read full article

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    Published: November 1999
    industrialNews & Features

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