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Schott expects double-digit sales growth for the current fiscal year

Post Time:Mar 23,2010Classify:Industry NewsView:80

Following a rather difficult fiscal year 2008/2009 that ended on Sept. 30, 2009, the international technology group Schott, with North American headquarters in Elmsford, N.Y.,is once again optimistic with respect to the future, according to a March 19 release. The solid results achieved during the first five months of the new fiscal year suggest that the rest of the year will develop quite positively. “We are beginning to leave the economic crisis behind us and will increase our sales by a double-digit percentage,” reported Professor Udo Ungeheuer, the chairman of the board of management, at the annual results press briefing held in Mainz on March 19.

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