Home / Knowledge / News / Textiles / EMS Group H1 sales increase 5.5%
EMS Group H1 sales increase 5.5%
15
Jul '13
In the first half of 2013, the EMS Group, with its companies combined in EMS-CHEMIE HOLDING AG and with global activities in the business areas High Performance Polymers and Specialty Chemicals, achieved an increase in net sales of 5.5% and in operating income (EBIT) of 9.3% compared to the previous year.

Consolidated net sales amounted to CHF 954 million (904) which is 5.5% higher than for the same period of the previous year. In local currencies growth in net sales would have been 5.7%, with the same scope of consolidation*) 2.8%.

In a volatile and heterogeneous market environment EMS was able to successfully further increase business in the main area of High Performance Polymers and in the main sales markets Asia and Europe. Especially positive development was shown by numerous new product applications for structural parts and the automotive business of the Business Unit EMS-EFTEC.

Net operating income (EBIT) rose to CHF 183 million (167), which is 9.3% above the previous year. Operational cash flow (EBITDA) increased to CHF 210 million (191) and by 9.7% compared to the previous year.

The EBIT margin reached 19.2% (18.5%), the EBITDA margin 22.0% (21.2%). Growth achieved with high-margin specialty products in the main area of High Performance Polymers had a positive effect on both result and result margin.

At the Annual General Meeting of the EMS-CHEMIE HOLDING AG, the current Members of the Board Dr Ulf Berg and Magdalena Martullo as well as Urs Fankhauser and Dr Joachim Streu as new members will be proposed for election.

Dr Hansjörg Frei and Dr Werner Prätorius are not standing for re-election for reasons of age. In addition, re-election of KPMG AG as Statutory Auditor and payment of a dividend of CHF 10.00 (7.00) per share will be requested.

EMS believes the heterogeneous development for the different markets will persist. Overall for 2013, EMS continues to expect net sales and net operating income (EBIT) to be slightly above those of the previous year.

EMS Group


Must ReadView All

Textiles | On 20th Sep 2017

India needs to double cotton farmers’ income: top official

India needs to double the income of cotton farmers and non-farmers...

Textiles | On 20th Sep 2017

Pakistan seeks more JVs with China: textile minister

The Pakistani Government wants to forge more joint ventures (JVs)...

Apparel/Garments | On 20th Sep 2017

Egypt’s garment exports touch $941 million in 8 months

Egypt's garment exports touched $941 million in the first eight...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search