SR Technics Swings To Loss, Readies For An IPO

Restructuring costs from its FLS Aerospace acquisition and currency fluctuations caused SR Technics to post a CHF2.5 million (US$2 million) loss in 2005, but the MRO company's revenues grew 17% to CHF1.4 billion (US$1.2 billion). The MRO's earnings before interest, taxes and other unusual items grew...

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