Datwyler posts 15% rise in earnings

Altdorf, Switzerland – Datwyler Group has posted strong financial results for the full year 2016 as net revenue rose 4.3% to CHF1.21 billion (€1.1 billion) while earnings spiked 15% to CHF146.1 million.

EBIT margin, said the Swiss rubber engineering group on 7 Feb, reached a record high of 12.0% in 2016. Profit (net result) rose by more than 42% to CHF116.9 million compared to the figure in 2015.

The Sealing Solutions division performed well with a 6.7% year-on-year increase in net revenue year to CHF753.3 million.  Operating…

To read more,please login or register below.

This is the first step to more free
content, user offers, subscriptions
and more.
Log in here using the Email Address
and Password you signed up with