Villeroy & Boch has a mixed first half behind him. Source: AP
HB FRANKFURT. The EU Commission charges the company from Saarland as 16 other manufacturers of bathroom accessories to have agreed to 2004 in several countries, prices of 1994. Villeroy & Boch holds the charge for designs and will defend himself in court. Nevertheless , the group once a provision of € 73 million form , as he announced on Thursday.
This resulted in the first six months of the year to a loss of 70.4 million euros. Already in 2009 Villeroy & Boch had slipped by a 60 million -euro group restructuring deep into the red.
Apart from the antitrust fine , the company Mettlach wrote with 8.1 (previous year : minus 9.0) million euros before interest and tax ( EBIT ) profit . By the end of the EBIT is expected to grow to ten ( minus 1.7 ) million euros. Sales rose marginally to 350 ( 349) million euro, since March , sales were up. Also by the end of December , sales are slightly higher than last year. The advance orders for Christmas were in the category Tableware year on year , the company said .
The deposit must Kartellbuße Villeroy & Boch at first only a bank guarantee. Pending a decision it takes the EU court in Luxembourg usually four years – in the first instance. The company is in arms against the penalty , the EU did not understand the market relationships revealed. "Even the alleged price coordination, it has not given the involvement of V & B. Customers and consumers were harmed in any way , " says the report.