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People & Business :: Companies

EMS Group reports record 2013 net sales, Ebit

10:04 AM MST | February 7, 2014 | Michael Ravenscroft

EMS Group (Domat/Ems, Switzerland) says earnings before interest and tax (Ebit) for full-year 2013 jumped 15.4% to reach 369 million Swiss Francs ($409 million), compared with SF320 million in full-year 2012. Ebitda increased to SF424 million versus SF374 million in the year-ago period, or 13.4%. The company did not release figures for fourth-quarter 2013. Growth was recorded for all geographic regions, and was particularly strong in China, according to EMS. Ebit margin was 19.6% in 2013, compared with 18.2% in 2012. Ebitda margin was 22.5% versus 21.3% a...

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