Highly Successful 2022 with Double-Digit Sales Growth
Hinwil, January 19, 2023, 06:00 a.m. - In a demanding market environment, the Group posted net sales of CHF 846.9 million, 11.9% ahead of last year in local currencies and 10.7% in Swiss Francs. Robust supply chain performance was a key success factor for this strong result. The Group was able to exceed its five-year sales revenue growth average (compound annual growth rate 2016-2021) of 8.8% in local currencies.
While business performance was strong throughout market regions, growth in the Americas was extraordinary with 21.3% in local currencies. The main reason for this excellent result were the superior lead times of the Group, which resulted in market share gains.
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