Bossard beats expectations with higher mid-year profits

High sales growth in all market regions has resulted in an above-average mid-year profit for Bossard – the firm behind

With performance considerably stronger than early-year expectations, the group cited above-average growth rates for America, Europe and Asia. Consolidated net income in the first half of 2017 is expected to be more than 30% above last year’s CHF 31.3 million.

In more good news for Bossard, the group is enjoying an “extraordinary gain” from the sale of its former site in Austria.

Bossard will reveal the exact numbers for its H1 2017 performance on 13 July, with more detail in its semi-annual report in mid-August.

Headquartered in Zug, Switzerland, Bossard supplies product solutions and services in industrial fastener and assembly technology.With a product range in excess of 1 million items, it offers technical consulting in engineering, logistics and more. It also owns Arnold Industries, which it acquired at the end of last year.

 

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