| Market introduction progress and
Financial status of the company at the end of 1999
The year 1999 brought an important step forward in the
market introduction of ORMECONÔ products and consequently the financial status.
Sales have again (like the year before) increased by a factor of three, based on a practically world-wide presence.
The solderable surface finish ORMECON CSN contributed
the biggest portion to increased sales, followed by the corrosion protection CORRPASSIV
systems, where we had significant progress with reference objects.
Ormecon Chemie and also the holding company Zipperling
Kessler are close to break even, in spite of significant cost increase due to recent
investments and hiring of additional personel. |