Saturday, December 3, 2022

Ems Group increases profit

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Chemistry

Ems profit slightly higher

The Ems Group’s profit increased slightly in the first half of 2022. Compared to the same period last year, it increased by 1.8 percent to CHF 286 million, as the group announced on Monday with the definitive half-year financial statements.

The group of companies led by National Councilor and Blocher daughter Magdalena Martullo-Blocher made more profits in the first half of 2022.

At the end of the semester, consolidated net sales increased by 10 percent to CHF 1.28 billion and the operating result (EBIT) by 0.8 percent to CHF 324 million. In mid-July, Ems reported the same values ​​on a provisional basis. When the provisional half-year figures were published, however, no net profit figures had been published.

There were also no new statements on the outlook. According to the July announcement, the group expects slightly higher sales and operating profit (EBIT) than in the previous year. In 2021, Ems had achieved sales of 2.25 billion francs and an EBIT of 640 million.

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