Continued strong performance
The business performance of the Bossard Group is considerably stronger than early-year expectations. High sales growth continued in all market regions after the first quarter 2017. This positive trend will yield an above-average mid-year profit.
The favorable business development is rooted in above-average growth rates across all market regions. This is particularly true for America, but also for Europe and not least for Asia. As a result, the Group will post an above-average profit. Consolidated net income in the first half of 2017 is expected to be more than 30 percent above last year’s CHF 31.3 million. In addition to the above-average operating profit development, the Group is also enjoying an extraordinary gain from the real-estate sale at its former site in Austria.
Bossard will publish its sales and net income for the first half of 2017 on July 13, 2017. The detailed 2017 semi-annual report will be released on August 22, 2017.