Art & Fragrance announces 2014 year-end results
April 23, 2015
Zollikerberg near Zurich, 23 April 2015 - Art & Fragrance SA (BX:ARTN), which is active in the creation, development, marketing and worldwide distribution of luxury goods, made sound progress in its operating business in 2014. Operating revenue rose by 14% to CHF 135.1 million compared to the previous year. The Group result, which was negatively impacted by a court case involving Lalique in France, amounted to CHF 6.0 million (2013: CHF 5.8 million). Without this case, the Group result would have been 32% higher than in the previous year. Art & Fragrance is confident that it will continue to achieve growth in all segments.