Ems-Chemie benefited in the first half from the recovery of the global economy after the Covid-19 pandemic, but also from positive currency effects.
Between January and June, the turnover amounted to 1.17 billion francs, which represents a jump of 38% over one year, indicates Friday the company directed by the national councilor UDC Magdalena Martullo-Blocher. Ems-Chemie has seen sustained demand after the difficult months of the health crisis, especially in China. Government support measures for the economy have produced positive effects in the United States.
The manufacturer of polymers and other chemical specialties has observed an increase in the prices of raw materials caused by bottlenecks in the supply chain, a phenomenon that particularly affects the automotive industry, the main outlet of the group which achieves 60% there. of its turnover.
Gross operating income (EBITDA) increased by 37.5% to 349 million francs, while profit before interest and taxes (EBIT) increased by 41.6% to 321 million, for related margins. respective 29.9% and 27.5%.
These figures exceed the most optimistic forecasts of analysts solicited by AWP.
The group has also confirmed the amount of the dividend, at 17 francs per share, which will be offered to shareholders at the general meeting on August 7.
For 2021, management is still counting on growth in revenue and EBIT.