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Arbonia Group improves results figures

24.07.2020 − 

Despite further slightly negative turnover development compared to the first quarter, the results figures of Arbonia remain slightly higher than the preceding year’s figures. According to an ad-hoc statement published on 13 July, turnover for the entire first half of the year was down 6.3% compared to the preceding year; adjusted for currency effects the decline rate was 1.7%.

For the first quarter, the company - which is divided into the four divisions of windows, doors, sanitary equipment, and heating, ventilation and air conditioning - reported turnover decline of 2.0% to CHF326.2m. Adjusted for currency effects, turnover actually rose by 2.7%. The EBITDA increased at that time by 12.6% to CHF22.5m. Over the entire first half of the year, the EBITDA remained above the preceding year’s figures, both overall and after adjustment. According to the current statement, the EBIT rose over-proportionally.

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