EMS Group: Annual Results 2012
Positive development of net sales and result:
- Successfully realised new business
- Strong growth outside of Europe
- Payment of an extraordinary dividend
In 2012, the EMS Group, globally active in the business areas High Performance Polymers and Specialty Chemicals and with its companies combined in EMS-CHEMIE HOLDING AG, increased net sales by 5.9% and net operating income (EBIT) by 8.4% compared to the previous year. This means that net sales and net operating income (EBIT) again reached new record levels.
Consolidated net sales in Swiss Francs increased by 5.9% compared to the previous year to reach CHF 1,755 million (1,658), while the increase in local currencies was 4.9%. Successfully realised new business and a strong increase in net sales outside of Europe led to this positive growth despite increasingly difficult market conditions in Europe. Market positions in all geographical markets were further strengthened.
Net operating income (EBIT) increased to CHF 319 million (294), 8.4% above the previous year. Operational cash flow (EBITDA) increased to CHF 373 million (346), which is 7.8% above the previous year. The pleasing increase in result and result margin was primarily due to successful additional business with high-margin specialty products in the area of High Performance Polymers. The EBIT margin increased to 18.2% (17.7%), the EBITDA margin to 21.2% (20.9%).