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Rofin-Sinar Profits Down in Second Quarter

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PLYMOUTH, Mich., and HAMBURG, Germany, May 9, 2014 — Laser manufacturer Rofin-Sinar Technologies Inc. reported $4.5 million in profits in its second fiscal quarter, down 39.2 percent from $7.4 million a year ago. President and CEO Gunther Braun said the company at the end of the quarter saw increased demand for high-power lasers in Asia, which should support third-quarter sales. The company projects revenues in the range of $132 million to $137 million, compared to $128.6 million the second quarter. “Sales in our macro business were affected by the softer business environment in Asia, especially in China to the machine tool...Read full article

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    Published: May 2014
    AmericasAsia-PacificBusinessEuropeFiLaserGunther BraunRofin-Sinar Technologies Inc.Lasers

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