Pfleiderer To Post Loss for 2010

Neumarkt, Germany, Feb. 8, 2011 -- Pfleiderer said it will post a loss for the year 2010, which reflects, in part, one-time expenses for the ongoing restructuring of the Pfleiderer Group.

It said the extent of the loss is not yet known.

Pfleiderer said it is currently holding constructive discussions with its banks on a new financing framework.

In 2010, the Pfleiderer Group achieved revenue growth of 8% compared with the prior year, the company said.