Orders received grew faster and more robustly than expected, book-to-bill ratio rose from 1.1 to 1.3.
Asia as significant growth engine, with share of sales climbing to 41 percent.
EBIT improved by more than CHF 130 million to CHF -31 million.
Operational restructuring continued and optimized. Around 85 percent of more than 700 restructuring measures implemented.
Successful recapitalization led to debt reduction of around CHF 1 billion, CHF 276 million in new liquidity and equity ratio of 35 percent.
Company targets for sales growth increased to around 15 percent; earnings expectations confirmed to reach operational break even before restructuring costs in the second half of the year.