Interim Result as of June 30, 2017

Elma with significant increase in revenue and net profit

CH-Wetzikon, August 15, 2017 - The  Elma  Group  has  increased  the  order  income  and  net  sales  in  the  first  six  months  2017 compared with the previous year. Elma improved the profitability and closes the first half year 2017 with a distinctly higher net profit.

  • Order  income  increased  by  6.7%  to  CHF  74.4  million  (adjusted  for  currency  translation effects: +7.2%)
  • Net  sales  grew  by  12.4%  to  CHF  69.1  million  (adjusted  for  currency  translation  effects: +12.9%)
  • Profitability  improved  with  an  EBIT  of  CHF  2.6  million  (previous  year:  CHF  0.3  million) and a net profit of nearly CHF 1.5 million (previous year: CHF 0.2 million)
  • All regions showed significantly improved results

>> Read more.

About Elma
Elma Electronic is a global manufacturer of electronic packaging products for the embedded systems market – from components, backplanes, power supply solutions, storage boards and chassis platforms to fully integrated systems. To ensure our integrated solutions are optimized to our customers’ needs, Elma partners with leading board manufacturers in the industry. Elma also provides enclosure solutions and rotary switches for demanding applications for electronic companies. The company has a broad base of proven standard products which can be tailored to individual applications: Elma offers services from the initial concept to volume production. Elma’s reliable solutions, flexibility, and design expertise are key reasons why the leading companies in the world choose Elma time and again.
This communication contains statements that constitute “forward-looking statements”. In this communication, such forward-looking statements include, without limitation, statements relating to our financial condition, results of operations and business and certain of our strategic plans and objectives. Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors which are beyond Elma’s ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of governmental regulators and other risk factors detailed in Elma’s past and future filings and reports and in past and future filings, press releases, reports and other information posted on Elma Group companies’ websites. Readers are cautioned not to put undue reliance on forward-looking statements, which speak only of the date of this communication. Elma disclaims any intention or obligation to update and revise any forward-looking statements, whether as a result of new information, future events or otherwise.