Sales development varied by region — market environment better than in second half of 2011
For the first three months of the current business year, Bossard Group reported sales of CHF 127.1 million. In local currencies this is an increase of 0.6 percent on the very strong Q1 result in 2011. Expressed in Swiss francs sales fell marginally by 2.2 percent. By region, sales development differed substantially. Whereas sales in America showed positive growth, sales in Europe and Asia decreased year on year. The market environment improved compared to the second half of 2011. Thus Group sales in local currencies compared to Q3 and Q4 2011 rose by 9.9 percent and 13.4 percent respectively. (…)
