Bossard: Accelerated Growth in Second Quarter – Sales and Net Income at New Record Highs
The Bossard Group continues its high-level growth. In the second quarter, the Group posted an impressive 15.1 percent sales growth to CHF 225.9 million after 10.9 percent in the first quarter. Sales in the first half of 2018 rose by 13.0 percent to CHF 446.3 million. This boost in performance reflects the high growth in sales across all three market regions: Europe, America and Asia. The results for the first half of 2018 also underscore once more the profitability-oriented growth strategy that Bossard is following: Excluding last year’s extraordinary income of CHF 4,5 million net from a real-estate sale, net income in the first half of 2018 rose an impressive 20.4 percent to a new record high of CHF 49.0 million.