Bossard sales and net income above expectations
Bossard Group’s interim report for 2011 reflects a 9 percent sales growth in local currencies. Group sales in Swiss Francs totaled 473.4 million, higher than the Q3 forecast.
Overall sales in the fourth quarter 2011 were higher than anticipated despite a difficult market environment with decreasing growth forecasts and a strong Swiss Franc. America again reported double-digit growth in local currencies whereas sales growth in Europe and Asia stagnated. Group sales in Q4 totalled CHF111.7 million, (…)