Swiss Ems Group 2012 with more sales and return
Swiss Ems Group (High Performance Polymers and Specialty Chemicals) reports that its net sales for 2012 increased by 5.9 % (+ 4.9 % in local currencies) to CHF 1755 million (+658 million) and net operating income was up 7.8 % and totalled CHF 373 million (CHF 346 million) or 21.2 % (20.9 %) of net sales
To this result in sales contributed new businesses and sales outside of Europe despite increasingly difficult market conditions in Europe. The resulting higher margin was mainly based on successful additional businesses with high margin specialty products in the area of High Performance Polymers. EBIT Margin increased to 18.2 % (17.7 %) and EBITDA margin 21.2 % (20.9 %).
The outlook for 2013 is considering differing economic developments in various geographical markets. It is expected that the markets in Asia and North America might be developing positive but increasing unemployment and structural problems in view to competitiveness in Western Europe will have a negative effect on consumer behaviour and investment mood. All in all EMS expects net sales and operating income slightly above 2012.