With revenues raised in all three of its business divisions, the CPH Group achieved net sales for 2018 of CHF 533.5 million ($533.5 million), a 13.6% improvement on the previous year, as the company said in the press release received by Lesprom Network.
“We can look back on a very successful anniversary year of expanded business activities, further international growth and the integration of new acquisitions,” says Peter Schildknecht, CEO of parent company CPH Chemie + Papier Holding AG.
After ordinary depreciation and amortization of CHF 31.5 million ($31.5 million), the Group reported consolidated earnings before interest and taxes (EBIT) of CHF 51.6 million ($51.6 million), a CHF 48.7 million ($48.7 million) improvement on the prior-year result.
“Our consolidated EBIT result and our EBIT margin of 9.7% are the highest the CPH Group has ever achieved since its stock exchange listing in 2001,” notes Peter Schildknecht.
CPH is an internationally active and diversified industrial group which is headquartered in Switzerland. The CPH Group develops, manufactures and distributes chemical products, woodbased paper and pharmaceutical packaging films.
