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Micronas Hans-Bunte-Strasse 19 79108 Freiburg, Germany http://www.micronas.com
Contact Ms Susy Krucker +49 761 5172324
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Micronas

Currency effects hurt first quarter sales and results

(PresseBox) (Zürich, )
.
- Sales down on fourth quarter in Swiss franc terms; 6 percent growth after adjusting for currency movement
- Negative net result owing to euro losing value against the Swiss franc
- Sales forecast of CHF 71 million for first half of 2015 confirmed; EBIT margin expected to be between 3 and 4 percent

In the first quarter of 2015 income statement and balance sheet figures were pushed lower by their conversion into the Group's currency of account, the Swiss franc, owing to the removal of the minimum exchange rate between the euro and the franc.

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