The Elma Group Announces Preliminary and Unaudited Sales Results for 2014; Provides Earnings Guidance for 2014
March 12, 2015 at 09:49 pm
The Elma Group announced preliminary and unaudited sales results for 2014. For the year, the group posted a total revenue of CHF 118.1 million against CHF 113.0 million a year ago. This represents a growth of 4.5%; adjusted for currency translation effects, the revenue increased by 4.7%. The order income rose by 1.6% to CHF 122.6 million against CHF 120.7 million a year ago.
Based on the higher revenue and lower functional costs the group expects year-on-year a significant increase in EBIT as well as in net profit for the business year 2014.