Kudelski with profit decline
Kudelski, a TV encryption specialist, saw a sharp increase in revenue in the first half of 2007, but suffered a setback in net income.
The TV encryption specialist Kudelski increased its turnover considerably in the first half of 2007, but suffered a setback in net profit. In the first half of 2007, Kudelski earned 28.1 million Swiss francs. In the same period last year, profits amounted to 90.3 million Swiss francs, as the company announced on Friday. At that time, the profit from the sale of the ticket vendor Ticketcorner amounted to 59.2 million francs. Sales, on the other hand, increased by 38.6 percent to 423 million francs.
