Rofin-Sinar reports increase in sales

Rofin-Sinar Technologies, a developer and manufacturer of high-performance laser-beam sources and laser-based technology, has reported net sales totalling $110.3m (£69.5m) for the third quarter ended 30 June 2010, a 44 per cent, or $33.7m, increase from the comparable quarter of fiscal 2009.

The company has purchased approximately 0.85 million shares of common stock under the buyback programme it announced in May 2010 for a total amount of $19.5m.