Bossard Group Sales Up 5.9% in 2016 - Modern Distribution Management

Bossard Group Sales Up 5.9% in 2016

Profit up 14.6 percent in 2016.

The Bossard Group, Switzerland, reported sales for 2016 of CHF 695 million (US$684.8 million), a 5.9 percent increase compared with 2015. Profit was CHF 62.4 million (US$61.5 million), up 14.6 percent from 2015.

In Europe, 2016 sales rose 4.7 percent to CHF 401.6 million (US$395.7 million), up 3.6 percent in local currency. In Asia, sales rose 0.6 percent to CHF 107.3 million (US$105.7 million), up 3.1 percent in local currency.

In America, sales rose 12 percent to CHF 186.1 million (US$183.3 million), up 9.3 percent in local currency. Fourth-quarter sales rose by 15.3 percent.

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