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In The News:

Bossard Group Sales Grow 18.5% in First 6 Months

In the first six months of 2010, global fastener distributor Bossard Group's sales were CHF 244 million (US$240.15 million), an increase of 18.5 percent. Percentage growth expressed in local currencies was even higher reaching 21.5 percent. Bossard was No. 22 on MDM's list of the top 40 industrial distributors.

Compared with the first six months of 2009, profit quadrupled, for a total of consolidated net income quadruplet, reaching a total of CHF 22.4 million (US$22.04 million).

Bossard reported double-digit growth in local currency in all three of its regions – America, Europe and Asia.

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