The EMS Group, with its companies combined in EMS-CHEMIE HOLDING AG, is globally active in the business areas High Performance Polymers and Specialty Chemicals. In the first half of 2016, net sales increased by 3.7% and net operating income (EBIT) by 16.6% compared to the previous year.
Consolidated net sales in Swiss Francs reached CHF 1,002 million (966) which represents a growth of 3.7% compared to previous year. In a moderately positive global economy, EMS was able to continually expand business with innovative specialty products. Pleasing growth was achieved in all customer markets.
Net operating income (EBIT) closed at CHF 264 million (226) which is 16.6% above previous year. The operational cash flow (EBITDA) rose to CHF 290 million (251) which is 15.2% above previous year. The EBIT margin reached 26.3% (23.4%) and the EBITDA margin 28.9% (26.0%). Strong growth with high-margin specialty products and simultaneous efficiency improvements had a positive effect on both result and result margin.