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

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Eric Scholler
Groz-Beckert

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search