In the first six months of the current 2012 business year
Bossard Group's sales amounted to CHF 251.4 million
(2011: CHF 252.4 million). Compared to the record first half
of 2011 this is a minor increase of 0.5 percent in local
currencies; expressed in Swiss francs sales fell by
0.4 percent. Whereas America reported double-digit sales
growth, customer demand in
Europe and Asia was in line with the declining Purchasing
Managers Indices.
Consolidated net income for the first six months of 2012
totaled CHF 22.1 million (2011: CHF
25.1 million), which corresponds to a return on sales of 9.1
percent (2011: 10.3 percent).
Although sales were more or less maintained at the prior
year's level and profit was marginal- ly lower,
development of sales revenues and of net income improved
again compared to the result achieved in the second half of
2011.
Given the current return to a climate of uncertainty as a
result of the continuing euro crisis and a downturn in sales
in Asia, Bossard anticipates slack demand overall in the
second half of the year. In this challenging market
environment the Group will continue to pursue its de- fined
market and product development strategy, even if this should
be at the expense of its
results in the short term.
Bossard Group Phone +41 41 749 66 11
Steinhauserstrasse 70 Fax +41 41 749 66 22
CH-6301 Zug www.bossard.com investor@bossard.com
The Group's detailed semi-annual report for 2012 will be published on August 28, 2012.
Gross sales 2nd quarter | change in % | |||
in CHF million | 2012 | 2011 | in CHF | in local currency |
Europe | 65.9 | 70.0 | -5.9% | -3.8% |
America | 37.5 | 30.7 | 22.1% | 13.3% |
Asia | 20.9 | 21.7 | -3.7% | -6.3% |
Group | 124.3 | 122.4 | 1.6% | 0.3% |
Gross sales January - June | change in % | |||
in CHF million | 2012 | 2011 | in CHF | in local currency |
Europe | 136.0 | 143.5 | -5.2% | -2.6% |
America | 75.6 | 66.8 | 13.2% | 10.5% |
Asia | 39.8 | 42.1 | -5.5% | -5.5% |
Group | 251.4 | 252.4 | -0.4% | 0.5% |
Stephan Zehnder, CFO
Phone +41 41 749 65 86
E-mail
investor@bossard.com www.bossard.com
Zug, July 13, 2012
Bossard is a leading supplier of intelligent solutions for industrial fastening technology. The com-
pany's complete portfolio for fasteners includes worldwide sales, technical consulting (engineer- ing) and inventory management (logistics).
Its customers include local and multinational industrial companies who use Bossard's solutions to improve their productivity. Employing 1,600 people in over 50 locations around the world, the Group generated CHF 474 million in sales in 2011. Bossard is listed on the SIX Swiss Exchange.
Bossard Group Phone +41 41 749 66 11
Steinhauserstrasse 70 Fax +41 41 749 66 22
CH-6301 Zug www.bossard.com investor@bossard.com
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