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Franke Group reports 1H net sales up by 27.6 percent

The Artemis Group holding generated consolidated net sales of CHF 1,643.8 million

The Artemis Group, that includes the Franke Group, has released half-year results for 2021. Net sales increased organically by 32.7% at CHF 1,643.8 million, an increase of CHF 379.5 million or 30.0% compared to the same period last year. Organic growth was positive at 32.7%. Operating result (EBIT) improved from CHF 14.7 million to CHF 124.4 million with a significantly higher EBIT margin of 7.6% (HY1/2020:...

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