Arbonia Group improves results figures

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.