ARBONIA

Half-year results of AFG come in under expectations

Arbon, 7 August 2014 - Group revenue from continuing operations at AFG Arbonia-Forster-Holding AG stands at CHF 447.0 million as of 30 June 2014, a 0.2% decrease – 0.4% decrease in adjusted terms – from the previous year (CHF 447.9 million). The Group's EBIT, however, dropped markedly year-on-year from CHF 18.4 million to CHF 5.8 million as a consequence of unsatisfactory revenue development, severe pressure on margins in all divisions and special expenses incurred in connection with ongoing and completed divestment and acquisitions. The first half-year is ending with a net loss of CHF -2.6 million (previous year: CHF 2.9 million) for continuing operations.

Contact
Rudolf Graf
Chairman of the Board of Directors and CEO a.i.
T +41 71 447 45 46
rudolf.graf(at)afg.ch 

Fabienne Rohner
Manager Corporate Communications
T +41 71 447 45 54
fabienne.rohner(at)afg.ch 

 

Key figures 2014 

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