The 2020 Mid-Year Economic Update_long

Bossard Sales Up 6.7% in First Four Months

The Bossard Group, a global fastener distributor based in Switzerland, reported sales were up 6.7% in the first four months of 2007 compared with the same period a year ago.


The distributor saw broadly based growth in Europe but sales in the U.S. fell by 10.9%. Bossard reported it had expected this decline, which confirmed a decrease in production previously announced by its customers. Sales in Europe grew 18.5% in local currency. All regions reported double-digit growth.


Overall sales for the first four months were (Swiss franc) CHF 204.1 million (US$167.7 million). Sales in the U.S. were CHF 60.7 million (US$49.8 million). Sales in Europe were CHF 117.6 million (US$96.6 million), and in Asia were CHF 25.8 million (US$21.2 million).


Currency translations ...

The Bossard Group, a global fastener distributor based in Switzerland, reported sales were up 6.7% in the first four months of 2007 compared with the same period a year ago.

The distributor saw broadly based growth in Europe but sales in the U.S. fell by 10.9%. Bossard reported it had expected this decline, which confirmed a decrease in production previously announced by its customers. Sales in Europe grew 18.5% in local currency. All regions reported double-digit growth.

Overall sales for the first four months were (Swiss franc) CHF 204.1 million (US$167.7 million). Sales in the U.S. were CHF 60.7 million (US$49.8 million). Sales in Europe were CHF 117.6 million (US$96.6 million), and in Asia were CHF 25.8 million (US$21.2 million).

Currency translations done by MDM in this article are based on rates as of June&nbsp ; 5, 2007.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.