Home / Knowledge / News / Textiles / EMS Group sales rise 7% in nine months to Sept
EMS Group sales rise 7% in nine months to Sept
14
Oct '13
With its companies consolidated in the EMS-CHEMIE HOLDING AG and with global activities in the business areas of High Performance Polymers and Specialty Chemicals, the EMS Group increased net sales in the first nine months of 2013 by +7.0% compared to the previous year. In the main area of High Performance Polymers net sales rose by +10.1% compared to the previous year.

As expected, sales markets worldwide developed in very different ways. While in the third quarter of the year industrial production in Europe suffered a further decrease, Asian and American markets overall developed in a positive way.

EMS increased its net sales in all regions of the world. Overall, net sales amounted to CHF 1,441 million (1,346), representing an increase of +7.0% compared to the previous year. In local currencies growth was +8.3%, with the same scope of consolidation +3.6%.

Business in the main area of High Performance Polymers showed a growth of +10.1% (in local currencies +11.6%, with the same scope of consolidation +6.0%). Successfully realised new specialty business more than compensated for the market-related sales drop in Europe. Numerous new polymer applications for structural parts were realised. The global automotive supplier EFTEC further expanded its market position.

For the coming months, EMS is expecting the economic situation to remain favourable. In Europe the downturn may gradually reach the bottom. Growth in Asia and North America may become slower.

EMS is optimistic about its own course of business and expects net sales for 2013 to close slightly above those of the previous year with a slightly over-proportional increase in operating income (EBIT).

EMS Group


Must ReadView All

GMAC urges Cambodia to push fabric-forward rule in RCEP

Apparel/Garments | On 17th Oct 2017

GMAC urges Cambodia to push fabric-forward rule in RCEP

Representatives from the Garment Manufacturers Association of...

Alibaba to invest $15 billion in DAMO Academy for research

Textiles | On 17th Oct 2017

Alibaba to invest $15 billion in DAMO Academy for research

Alibaba will invest $15 billion over the next several years in its...

Pressure on  Indian textiles exporters to ease by Q3: ICRA

Textiles | On 17th Oct 2017

Pressure on Indian textiles exporters to ease by Q3: ICRA

Pressures on the profit and debt levels of textiles exporters is...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Lynda Kelly
Suominen Corporation

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

October 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
76.9%
No
13.8%
Skip
9.2%

Total Votes: 65

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
61.5%
No
27.7%
Skip
10.8%

Total Votes: 65

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
84.6%
No
10.8%
Skip
4.6%

Total Votes: 65

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
73.8%
No
12.3%
Skip
13.8%

Total Votes: 65


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