Art & Fragrance announces 2014 half-year results
September 19, 2014
Zollikerberg near Zurich, 19 September 2014 - Art & Fragrance SA (BX:ARTN), which is active in the creation, development, marketing and worldwide distribution of luxury goods, reconfirmed in the first half of 2014 the progress it made in the previous year. Operating revenue rose by 23% to CHF 68.2 million thanks to increases in sales in all segments compared to the first half of 2013. The net Group result, which was impacted in the previous period by one-off costs for the integration of the filling and logistics firm acquired in early 2013, more than doubled to CHF 5.3 million. Art & Fragrance is confident that it will be able to continue its growth trend in the second half of 2014 as well.