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Course of business

Course of business 2014

The EMS Group, with its companies consolidated in the EMS-CHEMIE HOLDING AG is globally active in the business areas High Performance Polymers and Specialty Chemicals. In 2014, net sales increased by 4.6% and net operating income (EBIT) by 14.7% compared to the previous year. These are again new record levels.

Consolidated net sales in Swiss Francs increased by 4.6% compared to the previous year to reach CHF 1,972 million (1,885), while the increase in local currencies was 7.8%. Significant new business was realised successfully and market positions further strengthened worldwide.

Net operating income (EBIT) rose to CHF 423 million (369) which is 14.7% above previous year. Operating cash flow (EBITDA) increased to CHF 478 million (424) and by 12.8% compared to the previous year. The EBIT margin reached 21.5% (19.6%), the EBITDA margin 24.3% (22.5%). Strong growth of high-margin specialty products and strict cost discipline had a positive effect on both result and result margin.