Results for 2015

Record sales – Appreciation of the Swiss franc cuts into profit

The Bossard Group continued to grow in fiscal year 2015.

Despite the appreciation of the Swiss franc, the Group set a new sales record of CHF 656.3 million or +6.2 percent (+10.1 percent in local currency). However, profit was adversely affected in key markets, especially Switzerland, by the appreciation of the Swiss franc and the difficult demand situation. Operating profit (EBIT) fell by 3.4 percent against 2014 to CHF 70.3 million, which corresponds to an EBIT margin of 10.7 percent. In this context, CEO David Dean emphasizes an important point: “The Bossard Group's profitability continues to be above the average of the industry as a whole. We view this fact as clear confirmation of our profitability-oriented growth strategy of recent years.”

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