In a challenging market environment, the Bossard Group increased sales in the first quarter of 2016 by 0.9 percent over the same period last year to CHF 170.4 million. The sales development was in particular held back by the business in Switzerland, where the appreciation of the Swiss franc has sustainably affected the competitive position of many of our industrial customers. On a positive note, Bossard was able to more than offset the decrease in sales in Switzerland through additional business in other European markets. While our America business was challenging at the beginning of the year, the outlook is positive that sales volumes will rise in the coming months.
