Swiss Krono Group has seen its net revenues level off at just shy of SFR1.9bn in recent years after steadily increasing until the 2007/2008 financial year before plunging in 2008/2009 due to the global economic and financial crisis. However, revenues expressed in euros have improved again after the Swiss franc gained considerable strength over the past two years. Swiss Krono Group 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/swiss-krono-group-stabilises-its-revenues.html
