First-quarter report 2012

Course of business January - March 2012

In the first three months of 2012, the EMS Group, globally active in the business areas High Performance Polymers and Specialty Chemicals and with its companies consolidated in the EMS-CHEMIE HOLDING AG, achieved an increase in local-currency net sales of 6.3% compared to the same period of the previous year. Net sales in Swiss Francs amounted to CHF 449 Mio. (438), which is 2.5% higher than in the previous year.

In line with expectations, the geographical markets developed very heterogeneously: While North America and Asia showed some growth, the structure and debt problems of Western Europe had a negative effect on its economic development.

For 2012, EMS is expecting similar economic development in the global markets with continuously increasing raw material prices and an unchanged strong Swiss Franc. Net sales and net operating income (EBIT) are still expected to close at the same level as in the previous year.