Trade Resources Economy Schweiz Has Seen Its Net Revenues Stabilise at Just Shy of SFR1.9bn in Recent Years

Schweiz Has Seen Its Net Revenues Stabilise at Just Shy of SFR1.9bn in Recent Years

Tags: Revenues, economy

Krono-Gruppe Schweiz has seen its net revenues stabilise at just shy of SFR1.9bn in recent years after they steadily rose until the 2007/2008 financial year before plummeting in 2008/2009 due to the global economic and financial crisis. However, revenues expressed in euros have bounced back after the Swiss franc gained significant strength over the past two years. Krono-Gruppe Schweiz posted a slight reduction in net revenues in national currencies to SFR1.873bn in the 2011/2012 financial year. On the other hand, revenues in euros were almost back at 2006/2007's level at €1.548bn.

Source: http://www.euwid-wood-products.com/news/wood-based-panels/single/Artikel/krono-gruppe-schweiz-stabilises-its-revenues.html
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Krono Gruppe Schweiz Stabilises Its Revenues
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