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Home / News / EMS net income rises by 2.5% to CHF 266 mn in H1 2019

EMS net income rises by 2.5% to CHF 266 mn in H1 2019

27
Aug '19
Pic: EMS Group
Pic: EMS Group
The net income of EMS Group rose 2.5 per cent to CHF 266 million in H1 of 2019 as compared to H1 of previous year. The group achieved consolidated net sales amounting to CHF 1,154 million in H1 2019 as compared to CHF 1,199 million reported for H1 2018. The EMS Group is active worldwide in the business areas High Performance Polymers and Specialty Chemicals.

The net operating income (EBIT) of EMS Group closed at CHF 316 million (2018: CHF 312 million) which is an increase of 1 per cent compared to previous year. The operational cash flow (EBITDA) rose by 1.6 per cent to reach CHF 345 million (2018: CHF 339 million), according to a press release by EMS Group.

Dr. Urs Zimmerli, member of executive management of the EMS Group since August 2018, will leave the EMS Group for personal reasons by the end of February 2020. (PC)

Fibre2Fashion News Desk – India

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