Sustained strong growth
The Bossard Group continues to enjoy strong growth. It boosted sales in the third quarter of 2017 by 12.4 percent to CHF 194.6 million, continuing seamlessly from the previous quarters. Solid organic growth in all three market regions contributed to this impressive performance. Overall, sales rose by 14.1 percent to CHF 589.7 million. Accelerated growth was particularly pronounced in Europe, where sales rose by 12.5 percent in the third quarter (+9.1 percent in the first nine months). In America, Bossard continues to benefit from the cooperation with the largest US electric vehicle manufacturer as well as the turnaround in demand from the second major customer, a company in the agricultural technology sector. Arnold Industries, a US company acquired in September 2016, also helped contribute to the above-average sales increase in America.(…)
