Arbon, 11 August 2016 – AFG can look back on a pleasing first half of 2016.
The company accomplished a significant improvement compared to the previous year with all key financial performance indicators despite a headwind on the domestic market Switzerland.
Group revenue stood at CHF 459.0 million, an 8.0% increase, 2.3% in adjusted terms, on the previous year (CHF 425.1 million). The EBITDA increased to CHF 27.3 million (CHF 23.3 million in adjusted terms) and the EBIT improved significantly compared to the same period in the previous year and achieved a positive value again with CHF 5.7 million or CHF 4.2 million in adjusted terms (first half year of 2015: CHF – 125.4 million or CHF – 2.9 million adjusted for one-time effects). AFG reported a group loss of CHF – 3.5 million (first half year of 2015: CHF – 132.6 million) for the first half of 2016.
Alexander von Witzleben
President of Board of Directors and CEO