- Expanded global market shares
- Worldwide economic slump affects course of business
- Freedom of entrepreneurial action due to a solid balance sheet and high liquidity
- Expanded global market shares
- Worldwide economic slump affects course of business
- Freedom of entrepreneurial action due to a solid balance sheet and high liquidity
With its companies combined in EMS-CHEMIE HOLDING AG and with global
activities in the business areas Performance Polymers and Fine Chemicals /
Engineering, the EMS Group achieved net sales of CHF 1,504 million (1,552)
and a net operating income (EBIT) of CHF 220 million. (270).
Despite the worsening economy worldwide, consolidated net sales in local
currencies closed at the same level as for the previous year (+0.8%). Weaker
foreign currencies however, reduced net sales in Swiss Francs to CHF 1,504
million (1,552) which is 3.1% below the previous year.
Planned growth with new business in the main area of Performance Polymers was
achieved successfully. Applications regarding metal replacement with new plastic
materials developed in a particularly positive manner. The Business Unit EMSEFTEC*
gained a large amount of new automotive business and expanded market
shares.
