Due to continuous high customer demand, the Interroll Group expects to see very strong growth in sales and profitability for the first half of financial year 2021, compared to the same period of the previous year. The Group is cautiously optimistic about the further development of financial year 2021.
In the first months of 2021, Interroll recorded consistently high demand for its products and solutions in all three regions and across most of the industries served. Sales are expected to increase considerably in comparison with the same period of the previous year.
In addition, the Group continued to pursue its global cost fitness program in order to improve efficiency and productivity. This is particularly important when it comes to countering a currently steep increase in global raw material prices, which followed the COVID-19-pandemic. Overall, the result for the first half of 2021 is expected to be significantly higher compared with the same period of the previous year, which was negatively affected by the developments of the COVID-19 pandemic.
“We do maintain our cautious optimism on Interroll’s position and the overall market development,” says Heinz Hössli, Chief Financial Officer of the Interroll Group. “However, due to some special effects from lockdowns and project postponements, we consider the comparability of both periods as limited.”
Interroll’s half-year report will be published on August 2, 2021.
In the first months of 2021, Interroll recorded consistently high demand for its products and solutions in all three regions and across most of the industries served. Sales are expected to increase considerably in comparison with the same period of the previous year.
In addition, the Group continued to pursue its global cost fitness program in order to improve efficiency and productivity. This is particularly important when it comes to countering a currently steep increase in global raw material prices, which followed the COVID-19-pandemic. Overall, the result for the first half of 2021 is expected to be significantly higher compared with the same period of the previous year, which was negatively affected by the developments of the COVID-19 pandemic.
“We do maintain our cautious optimism on Interroll’s position and the overall market development,” says Heinz Hössli, Chief Financial Officer of the Interroll Group. “However, due to some special effects from lockdowns and project postponements, we consider the comparability of both periods as limited.”
Interroll’s half-year report will be published on August 2, 2021.
