Georg Fischer increased sales during the first half-year by 2% in CHF. Adjusted for currency effects, acquisitions and divestments, growth amounts to 4%. Most of the increase has been generated in Europe and in China. All three divisions increased their top line in local currencies.
Georg Fischer generated sales of CHF 3 766 million in 2013 for a nominal increase of 1%. On a like-for-like basis, corrected for changes in the scope of consolidation and currency effects, growth amounted to 2%.
Georg Fischer generated sales of CHF 1,837 million during the first half-year of 2013, slightly lower than in the previous year. Adjusted for currency effects, divestments and acquisitions, the figure is equivalent to last year’s first half. Market share gains as well as growth in Asia and America did compensate the further deterioration of demand in Europe.
Beat Römer, Head of External Communications at Georg Fischer, is taking over as Head of Corporate Communications.
GF Piping Systems, a Corporate Group of Georg Fischer, has secured an CHF 8 million order to supply until the end of 2013 high-density polyethylene (HDPE) piping systems for the extension of a major Australian mine.
During the first half of 2012, Georg Fischer faced uneven economic conditions. Whereas the Corporation increased its sales in Asia and even more in North America, the eurozone woes had a dampening effect on customer demand in that region.
Opportunities seized, challenges mastered, strategy implementation on track: thanks to its global presence and leading market positions, Georg Fischer increased both top and bottom lines considerably.
Beat Römer (48) will strengthen the Corporate Communications team at Georg Fischer Ltd as of 1 September 2011 as Media Spokesman and Deputy Head of Corporate Communications. He is replacing Christian Thalheimer, who has sought a new challenge outside the Corporation.
The global economic crisis in 2009 had a far-reaching impact on Georg Fischer. Sales fell to CHF 2,906 million, 35 percent below the previous year. Adjusted for currency effects and changes in the scope of consolidation, sales were down 33 percent.
Ferdinand Stutz, Head of GF Automotive and member of the Executive Committee of Georg Fischer since 1998, has decided to continue his career outside Georg Fischer. He will therefore relinquish his function at the end of October 2008.
