Solid sales growth despite weakening economic momentum
The Bossard Group continues on its growth track: Sales in the first quarter of 2019 rose by 5.4 percent to CHF 232.2 million. These results put Bossard on a solid footing for the start of the year even in the face of markedly more challenging business conditions. The broad diversification of the industrial segments we supply once again supported the Group’s growth stability. Activities in Europe and Asia contributed substantially to the Group’s positive sales development, while business in America stagnated. The first quarter’s overall solid performance is even more remarkable because it was achieved in a weakening economic environment and the comparative baseline from the previous year was already very high.