During the first half of 2005, the Motor-Columbus Group’s consolidated sales increased by 12% over the comparative prior year period to CHF 3.8 billion. Consolidated EBIT rose 29% to CHF 273 million. EBIT includes proceeds from property sales and effects of changes in IFRS accounting standards. Excluding these effects, EBIT grew 6% year over year. Consolidated income was CHF 213 million, up 25%.
Barring extraordinary events, the Motor-Columbus Group expects full year sales and operating results for 2005 to be at least level with last year (2004: sales of CHF 6,955 million, consolidated income of CHF 326 million).