4-Months Report 1997 of the EMS Group

4-Months Report 1997 of the EMS Group

23.05.1997 

With its companies combined in EMS-CHEMIE HOLDING AG, the EMS Group with its world-wide activities conducted in the fields of Performance Polymers, Fine Chemicals and Engineering boosted consolidated net sales by 13,3 % to CHF 349 million (corresponding period, previous year: CHF 308 million) in the first four months of the financial year, operational cash flow by 43,4 % to CHF 83 million (CHF 58 million), and income from operations by 58,9 % to CHF 65 million (CHF 41 million).

As a consequence of the joint venture between EMS-TOGO and H.B.Fuller (USA) launched on 1 April 1997, the scope of consolidation experienced a slight change: consolidation the US business conducted by EMS-TOGO has no longer been effected since 1 April 1997, i.e. 0.7 % of consolidated net sales for the first 4 months.