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Increased revenue and operating profit for Datwyler

In the first half of 2017, the Datwyler Group increased its net revenue by 3.8% to CHF 644.5 million. While the Technical Components division suffered a decline in revenue, the Sealing Solutions division managed to accelerate profitable growth. The Group’s adjusted EBIT margin rose slightly to 13.5%, while the net result amounted to CHF 53.3 million. For 2017 as a whole, Datwyler is confident of maintaining the growth rate of the first half of the year. The Group expects net revenue of between CHF 1,270 million and CHF 1,310 million, and an adjusted EBIT margin within the top half of the 11-to-14% target range.