Feintool Group announced sales results for the first quarter ended March 31, 2016. For the quarter, the company reported sales of CHF 139 million which corresponds to an increase of 12% after adjusting for currency-related factors. The group as a whole posted sales of CHF 139.2 million, a 16.0% rise in terms of the reporting currency.

The company provided sales guidance for the year 2016. For the year, the company anticipates sales growth of 5% to around CHF 530 million.