Bossard Group sales reached CHF 152.5 million (126.5 million euros) in the third quarter. Sales increased 1.1% in local currency but remained at the same level as Q3 2013 in Swiss Francs. Nine-month sales were CHF 473.5 million (392.7 million euros) up 2% in Swiss Francs and 4.1% in local currency.
Bossard says the overall positive demand trend in Europe continued although growth did weaken. Third quarter sales grew 1.5% in local currency and 0.4% in Swiss Francs to CHF 98.5 million. Lower growth rates compared to previous quarters correlate with the persistent downward-trending economic indicators, partially due to geopolitical uncertainties in Europe.(…)
