Lugano (ots) - Faced with an uncertain economic environment, driven by a restrictive monetary policy and declining interest rates, the Cornèr Group maintained a stable growth trajectory thanks to its prudent philosophy and solid equity position, with capital resources rising to CHF 1,223 million (+5.9 %). The 73rd financial year closed with a balance sheet ...
Zürich (ots) - The situation in the Swiss tech industry (mechanical and electrical engineering industries and related technology sectors) remains challenging. In the first nine months of this year, sales were down 4.2% compared with the same quarter of the previous year, with goods exports and new orders declining by 3.6% and 0.3%, respectively. The primary factor behind this situation is economic weakness in the EU and, in particular, Germany. Key indicators do not point ...
Zurich (ots) - The Swiss technology industry (mechanical and electrical engineering industries and related technology sectors) is currently not making any headway. In the first half of 2024 - and compared with the prior-year period - sales were down 5.1%, order intake declined by 3.3% and goods exports were 4.5% lower. The Purchasing Managers' Index (PMI) for the industry is at a very low level in most European markets; ...
dpa Deutsche Presse-Agentur GmbH
Zurich (ots) - The business situation in the Swiss tech industry (mechanical and electrical engineering industries and related technology sectors) remains challenging. In the first quarter of 2024, goods exports declined by 8.5%, sales by 5.4% and new orders by 2.3% compared with the same quarter of the previous year. However, there are now more and more signs that the bottom of the downturn will be reached this year. ...
Bern (ots) - For the first time in its history, SIFEM's active investment commitments surpassed USD 1 billion at the end of 2023. In 2023, SIFEM added a total of USD 143.8 million to 10 new investments and closed the year with a positive operating result of CHF 13.1 million. Thanks to growing commitments, SIFEM is effectively pursuing the development goals set by the ...
Lugano (ots) - Faced with an uncertain geopolitical and economic situation, Cornèr Group's prudent policy and long-held pragmatic approach have once again proven to be winning qualities. Cornèr Group's 72nd financial year closed with revenues reaching CHF 506 million (+16 %) and a net profit of CHF 74.9 million (+41 %). This result allows the Group to further strengthen its capital solidity with its capital ...
Ballenberg - Freilichtmuseum der Schweiz
Zurich (ots) - The business situation in the Swiss technology industry (mechanical and electrical engineering industries and related technology sectors) is currently still good. Both sales (+4.9%) and exports (+2.8%) rose in the first quarter of 2023 compared with the previous year. However, the decline in new orders in the first quarter (-4.8%) and the low worldwide Purchasing Managers' Index (PMI) indicate considerably ...
Lugano (ots) - Following a highly turbulent year, which saw the outbreak of the war in Ukraine and abrupt interest rate rises by the main central banks around the world, the Cornèr Group has now posted good results in its 71st Annual Report. Revenues increased to CHF 436 million, whilst the net profit rose to CHF 53.2 million, representing a strong increase compared to the previous year (CHF 22.7 million). ...
Zürich (ots) - The performance of the Swiss technology industry (mechanical and electrical engineering and related technology sectors) has improved in the past year. Compared with 2021, sales were up by 9.4%, exports by 5.6%, and new orders received by 2.4%. This partially offset the slump in orders experienced in the third quarter of 2022. For the current year, businesses' expectations are cautiously optimistic. Having ...
swissstaffing - Verband der Personaldienstleister der Schweiz
Zürich (ots) - The Swiss mechanical and electrical engineering industries (MEM industries) continued to grow in the first half of 2022. New orders rose by 10.1% year-on-year, sales by 12.1%, and exports by 9.0%. This is only part of the picture, though. Supply chain problems and soaring energy and commodity prices have pushed up production costs significantly in some ...
Wuppertal (ots) - With record sales of 3.4 billion euros, the Vorwerk Group continued its growth course in 2021. After the positive effects from the implementation of Strategy 2025 and the performance of the Vorwerk direct sales system were already reflected in an extraordinarily successful annual result in 2020, the Wuppertal-based family-owned company was able to ...
VISBEK, GERMANY (ots) - Bad news for feed producers: after supply chain disruptions and raw material unavailability, now weather-related challenges in Europe will most likely affect this year’s crop quantity and quality. Cold temperatures, heatwaves, tornados, and hailstorms are expected to adversely affect the quality and quantity of the harvest. The moisture ...