Switzerland’s EMS Group 2013 net profit grows 18.3%; sales up 7.4%

07 February 2014 08:06  [Source: ICIS news]

SINGAPORE (ICIS)--EMS Group’s net income last year rose by 18.3% to Swiss francs (Swfr) 324m (€266m), with sales posting growths across all regions, especially China, the Switzerland-based high performance and specialty chemicals maker said on Friday.

The firm’s net sales rose by 7.4% to Swfr1.89bn in 2013, while net operating income increased 15.4% to Swfr369m.

The company did not disclose its financial results for the fourth quarter of 2013.

For 2014, the company expects its net sales and net operating income to increase from 2013.

(€1 = Swfr1.22)

By: Nurluqman Suratman

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