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First-quarter report 2018 (January - March 2018) of the EMS Group

- Pleasing development of business

- Raw material shortages lead to further price increases


Course of business January - March 2018

The EMS Group, with its companies combined in the EMS-CHEMIE HOLDING AG, is globally active in the business areas High Performance Polymers and Specialty Chemicals. In the first three months of 2018, net sales increased by 11.8% to previous year to reach CHF 595 million (533).

As expected, the global economy showed overall positive development, although certain signs of saturation could be noticed. Global automotive production figures showed practically no growth with 0.5%. While the largest market China stagnated, car production in the NAFTA area dropped by 3.2%. In Europe, however, 2.4% more vehicles were produced than in the previous year.

Since the beginning of the year, expectations of higher inflation rates have affected the course of global stock markets. Political conflicts between major powers and new trade restrictions are unsettling global customers.

Thanks to innovative new business, EMS was able to further develop global markets and strengthen market positions. The currency situation also had a positive effect on net sales. Continuing upstream supply shortages caused a significant rise in raw material prices, forcing EMS to realize further price increases.

For 2018, EMS continues to expect net sales and net operating income (EBIT) slightly above the previous year.

The complete first-quarter report can be downloaded via the following link: