In the third quarter, the Bossard Group achieved sales of CHF 200.6 million (prior year: CHF 218.5 million). After the marked decline in sales in the second quarter of 2020, driven by global government COVID-19 measures and their impact, the third quarter showed some recovery. Whereas sales had dropped by 17.5 percent in the second quarter, they fell by only 8.2 percent in the third quarter (-5.6 percent in local currency). For the first nine months of 2020, the Group posted sales of CHF 600.0 million (prior year: CHF 669.4 million), a decrease of 10.4 percent (-6.5 percent in local currency). Notwithstanding the strong Swiss franc, the third quarter results give reason for cautious optimism.(…)
