Schwan Stabilo posts record profit 9-Aug-2007

Cosmetic pencil manufacturer Schwan Stabilo has announced record results for the business year 2006/2007.

The group's cosmetic division posted an 11.4% increase in profits to €183.3m, an above average increase on all global markets.

The group's overall turnover was also very positive, reaching €340m, a growth of 19%.