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Bossard Reporting Continued Growth
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2016-10-17
The Bossard Group enjoyed significant growth in the third quarter of 2016. Sales rose year-on-year by 4.8 percent to CHF 169.7 million even though conditions remained challenging in some markets. Business in the Americas was particularly dynamic (+13.3 percent) as our cooperation with the leading US electric vehicle manufacturer continues to bear fruit. The European and Asian market regions also contributed to the positive developments we saw in the third quarter. In net terms, the Bossard Group grew sales by 3.0 percent to CHF 513.3 million in the first nine months of the 2016 fiscal year. Bossard expects sales for the 2016 fiscal year to reach around CHF 675 million, up from CHF 656 million in the 2015 fiscal year.
