Altdorf, Switzerland – Datwyler Group increased its first-half net revenue by 7.7% year-on-year to CHF694.1 million, the Swiss company reported 10 Aug.
Earnings (EBIT) margin improved to 13.1%, while the net result rose by 17.3% to CHF62.5 million, the Swiss company added in an interim results statement.
In what it described as “moderate” market conditions, Datwyler noted high demand for its seal components, particularly in the healthcare industry.
The higher earnings, it added, were despite higher raw material prices and set-up costs associated with expansion programmes.
Current projects include…