GPS Kids | u-blox Says Strong First Half of 2010 Driven by Industry Trend toward Location Awareness

u-blox Says Strong First Half of 2010 Driven by Industry Trend toward Location Awareness

u-blox, provider of gps kids watch receiver and wireless communication technology, today announced revenue for the first half year 2010 of CHF 49.3 million. This constitutes a 44.3% increase over the first half year of 2009. Gross profit increased strongly by 42.2% from CHF 18.4 million to CHF 26.2 million. EBIT for the first half year of 2010 was CHF 7.6 million and net profit of CHF 6.0 million were higher by 293% in comparison to the same period in 2009.

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