Company Status by the end of 2001

Ormecon has reached the break even with the end of 2001. Although a year ago it was planned to even generate a first profit, the development of the electronics industry beginning of 2001 and later the effects of Sept. 11 have not allowed to realise this goal. The management however considers the result as a big success, relative to the economic circumstances.

Especially in the printed circuit board industry, Ormecon expects a significant growth in sales in parallel with the recovery of the industry and a further penetration of the market by ORMECON CSN.