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Course of business

Business development 2007

In the 2007 financial year, the EMS Group significantly increased net sales revenue and net operating income (EBIT) again, ending the year in the upper range of its own expectations. The consistent focus on specialty products in the Performance Polymers business area once again led to very satisfactory business development and higher sales volumes.

Net sales revenue grew by 11.2% compared with the previous year to CHF 1 552 million (1 396), while in local currencies the increase was 9.2%. Net operating income (EBIT) was boosted by 9.5% over the previous year to CHF 270 million (247) and EBITDA by 8.6% to CHF 324 million (298). The EBIT margin was 17.4% (17.7 %). Net financial income again reached an exceptionally high CHF 64 million (118). The company is therefore proposing to distribute another special dividend this year. Net income after taxes came to CHF 294 million (308).

EMS is continuing to pursue its existing strategy of systematically focusing on operating growth in specialty products, particularly in the core business area Performance Polymers.