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EMS Group records 7.3% increase in first-quarter sales

9:50 AM MDT | April 11, 2014 | Francinia Protti-Alvarez

EMS Group's (Herrliberg, Switzerland) first-quarter net sales were 497 million Swiss francs ($565.8 million), 7.3% higher compared with the same quarter in 2013, according to figures published today. The company's net sales in local currency terms were up 11.8% year-on-year. The company says that net operating income was also up but has not provided figures. Net sales of high-performance polymers, which represent more than 86% of total revenue, were up about 9%, to SF429 million. The results were driven by the need for high-performing and cost- and weight-saving...

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