Huber & Suhner AG announced consolidated earnings results for the first half of 2012. For the period, the company announced net sales of CHF 315 million compared to CHF 406 million for the same period a year ago. Consolidated profit was CHF 6 million compared to CHF 39 million for the same period a year ago.

The company provided consolidated sales guidance for the second half and earnings guidance for the full year of 2012. In the second half of 2012 the company expects net sales to increase in comparison with the first six months.

For the year, the company expects consolidated net sales for the whole of 2012 to remain below the previous year's level. The company also confirms its previous guidance that the operating EBIT margin in the 2012 business year will be lower than that of the 2011 business year (6.6%).