The SFS Group AG, parent company of GESIPA® expanded its market positions and sustained its good sales growth during the first six months of 2018. Compared to the previous-year period, sales increased at 9,9 % to CHF 855,9 million. Compared to the adjusted previous year the operating profit rose by 4.6%. High advance outlays, structural adaptions and increased raw material costs still pressured the operating profit.
Overall SFS expects sales to continue to grow in the second half of the year. Furthermore SFS plans an increase in turnover of 7-9 % over the previous financial year. The SFS Group AG expects a profitability improvement due to the positive seasonal trends in the second half of 2018. SFS reiterates its projection of an EBIT margin in excess of 14.3 % for the financial year 2018.

For the full article please follow the link: SFS semi-annual report