Adhesives specialist Collano, headquartered in Sempach-Station
near Luzern, Switzerland, has reported a drop in
both sales and earnings for 2008. Sales
in 2008 declined by 5% to CHF 130.7 million (2007: CHF 137 million). Profit
(EBIT) closed at CHF 3.5 million (2007: CHF 7.2 million), roughly half of the
prior-year figure. The workforce at the end of 2008 was 344 employees
worldwide, up by four persons. The reorganization of the Collano Group announced
in 2008 was implemented at the operational level. Since Jan. 2009, the adhesives
specialist has served its markets with three independent companies: nolax AG,
Collano Adhesives AG, and Collano Services AG.
For more information, visitwww.collanogroup.com.
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