Bossard Group reported sales of CHF 127.1 million (105.8 million euros) for its first quarter 2012. In local currencies this represented an increase of 0.6 percent on a very strong Quarter 1 result in 2011.
Expressed in Swiss Francs sales for the quarter fell 2.2 percent compared to the same period 2011. However, Bossard saw the market environment improved compared to the second half of 2011. Q1 2012 showed increases in local currency of 9.9 percent compared with Q3 2011, and 13.4 percent compared with Q4.
By region, Bossard said, sales development differed substantially. Sales in America showed positive growth; sales in Europe and Asia decreased year on year.
European sales for the first quarter reached CHF 70.1 million (58.4 million euros) (…)
