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Letter to Shareholders APG|SGA AG - Half-year report 2016
- Sound operating performance and increase in net income.
- Positive one-time effect from sale of Basel property.
- Pleasing performance of digital offerings.
- Award-winning levels of client satisfaction.
In brief (adjusted for one-time effects)
– Sales revenue down slightly by 1.8% to CHF 150.4 million
– International sales account for 4.1% of Group sales
– EBITDA margin: 24.7% (prior-year period: 24.7%)
– EBIT margin: 20.7% (prior-year period: 21.0%)
