Semi-Annual Report 2017
August 22, 2017Impressive earnings growth – record-high profitability
The Bossard Group made remarkable strides during the first half of 2017: Not only did the Group maintain a high level of growth, it further improved its above-average profitability. The increase in EBIT by 30.2 percent to CHF 51.4 million reflects the strong profit dynamics. The EBIT margin rose from the prior year's 11.5 percent to 13.0 percent, reaching the upper end of our targeted profitability range. Net income grew to CHF 45.3 million, a hefty increase of 44.7 percent. This result does include an extraordinary income of CHF 4.5 million net. Bossard's solid market position is evident in the 15 percent sales increase to CHF 395.1 million. This growth spurt is primarily an expression of the solid organic growth that propelled us forward in all market regions.
Read the complete Semi-Annual Report 2017 as PDF.