CPH Group records growth in first half-year
Perlen LU - Chemie + Papier Holding (CPH) recorded increased sales during the first half of the year. In the area of packaging, the Lucerne-based industrial group even managed to register a new sales record. Similarly strong growth was also recorded in the Groups operating result. The CPH Gruppe can look back with satisfaction on a promising f
Perlen LU - Chemie + Papier Holding (CPH) recorded increased sales during the first half of the year. In the area of packaging, the Lucerne-based industrial group even managed to register a new sales record. Similarly strong growth was also recorded in the Groups operating result.
The CPH Gruppe can look back with satisfaction on a promising first half of the year. The Group increased sales by 1.3 percent to 267.5 million Swiss francs. CEO Peter Schildknecht explained in a press release: The high volume of orders and continued high plant capacity utilization rates were positives. The operating result (EBIT) rose by 15 percent to 32 million francs. The highest EBIT margin value since the Groups IPO in 2001 was also recorded, at 12 percent.
The CPH Group develops, produces and distributes chemicals, mechanical paper and pharmaceutical packaging foils. In the chemicals business unit, the company increased sales by 6.3 percent to 39.7 million francs. This can, among other things, be attributed to high demand for molecular sieves. The chemicals department was also able to make inroads into the OLED display screen market. The paper business unit actually recorded a slight sales decline of 0.8 percent. However, the packaging area of the company made up for this with a sales record of 80.8 million francs.
The CPH Group is headquartered in Perlen. In addition to Switzerland, it is also active in Germany, Bosnia-Herzegovina, the USA, China and Brazil.
