EMS-GRIVORY
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On July 9, 2010 the EMS Group published its provisional half-year report 2010. The definitive consolidated half-year report is now available based on the individual financial statements of the affiliated companies as at June 30, 2010. The definitive half-year report contains no significant deviations from the provisional report.
As already stated on July 9, 2010, the consolidated net sales rose by 54.3% to CHF 836 million (541). This is an increase of 58.4% in local currencies. The net operating income (EBIT) rose by 116.3% to CHF 154 million (71).
Net financial income amounted to CHF 2 million (2). Net income for the first half of 2010 amounted to CHF 128 million (58) which is 118.8% above previous year.
Equity increased to CHF 1’266 million (31.12.2009: CHF 1’022 million). The equity ratio is 69.6% (31.12.2009: 59.7%).