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Schwerzenbach, Switzerland, February 23, 2010
Strong second half of 2009 for Walter Meier
• Sharp fall in net sales of 17.9 percent to CHF 642.5 million as a result of the negative development of the economy
• Decline in net sales of 21.9 percent, net of consolidation and currency effects
• Decrease in EBIT by 29.3 percent to CHF 31.1 million
• Decrease in the EBIT margin from 5.6 to 4.8 percent as a direct consequence of declining net sales
• Net income of CHF 22.2 million, proposed profit payment of CHF 7.00 per -A-registered share
• Significantly improved free cash flow of CHF 73.2 million resulted in net assets of CHF 28.9 million
• Respectable equity ratio of 48.1 percent
• Restructuring in the North American manufacturing business is proceeding as planned and has largely been completed
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