Feintool International Holding AG announced sales results for the nine months of 2012. For the period, the company reported sales increased by 15.4% year-on-year current financial year to CHF 310.5 million. Excluding the effects of the acquisition of forming specialist Herzing + Schroth and the disposal of IMA Automation Berlin, sales growth amounted to 8.7%. Due to the weaker economic situation in Europe, orders received fell by 7.4% to CHF 297.2 million in the same period.

The company also reiterates earnings guidance for the year 2012. For the year, the company expects sales of CHF 400­ million to CHF 450 million, though now closer to the lower end of this range and EBIT of 4% to 6%.