In the second quarter of 2008, Micronas turned in a slightly improved performance, defying earlier forecasts. Consolidated net sales were 13.0 percent down on the first quarter at CHF 147.6 million. Net sales for the first half came in at CHF 317.2 million. The operating loss (EBIT) deteriorated compared with the previous quarter to CHF 10.1 million. Sales in the Automotive division were on a par with the previous quarter, with EBIT slightly down. In the Consumer division, the slowdown in the market resulted in a decline in sales and an increase in the operating loss compared with the first
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