SFS Group has reported solid sales growth and a substantial improvement in profitability. Group consolidated sales were CHF 1.437 billion (€1.35 billion), up 5.9% on 2015. EBITA improved to 14.4% from 12.5% the previous year. Prior to adjustment for currency, and changes in the scope of consolidation, gross sales grew 4.4% year-on-year.
Engineered Component sales were CHF 768.1 million, an increase of 3.8% year-on-year. Fastening Systems sales were CHF 355.6 million, up 8.8%. (6.9% on a like for like basis). Distribution and Logistics sales were CHF 309.3 million, up 1.1%.(…)
