The SIMONA Group continued to feel the adverse effects of sluggish investment spending in the second quarter as economic conditions remained volatile. In the first half of 2012, the plastics processing company generated sales revenue of €149.0 million, down €13.3 million or 8.2 per cent on the figure posted for the extremely buoyant first six months in 2011. In the second quarter, sales revenue declined by 10.5 per cent to €76.4 million (Q2 2011: €85.4 million).
"The SIMONA Group has been affected to an increasing extent by the progressive economic downturn since as early as the second half of 2011.
"The SIMONA Group has been affected to an increasing extent by the progressive economic downturn since as early as the second half of 2011.
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