Art & Fragrance announces 2013 year-end results
April 17, 2014
Zollikerberg near Zurich, 17 April 2014 - Art & Fragrance SA (BX:ARTN), which is active in the creation, development, marketing and worldwide distribution of luxury goods, made pleasing operating and strategic progress in 2013. Operating revenue was increased by 7% to CHF 118.7 million. The Group result of CHF 5.8 million reflects the mostly one-off integration costs relating to the acquisition of a filling and logistics company at the start of the year, which has since been renamed Art & Fragrance Services (AFS). Art & Fragrance is confident that it will continue to achieve stable growth in all its segments.