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Arbonia further improves door division turnover

31.01.2020 − 

In 2019 the door division of Swiss Arbonia improved its turnover by 0.5% to CHF359.4m. According to the preliminary figures published on 21 January, adjusted to account for currency fluctuations growth, at +3.7%, increased significantly and thus also surpassed the increase rate (+2.1%) achieved the preceding year. In 2018, however, favourable exchange rate effects had contributed to a more significant rise in total growth (+5.1%).

In the windows division activities in Poland also developed along positive lines in the past financial year. Due to the unexpectedly low demand for PVC windows from Switzerland, however, turnover nevertheless declined by 2.2% to CHF358.2m.

Taking the two other divisions (heating, ventilation and air conditioning as well as sanitary equipment) into account, in 2019 Arbonia generated total turnover to the amount of CHF1.416bn. The figure achieved the preceding year was therefore surpassed by 3.1%. Adjusted to account for exchange rate and acquisition effects, the increase amounted to 2.0%, which was below the figure of 3% forecast as organic turnover growth for the entire period of 2019.

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