Datwyler improved its profitability in the first half of 2024.
Datwyler has succeeded in the first half of 2024 in increasing the operating result (EBIT) to CHF 67.5 million and the EBIT margin to 11.8% despite the slight decrease in revenue. In the same period, revenue declined to CHF 572.5 million in a weak market environment. Adjusted for currency effects, this equates to a decline of 2.4%. The acquisition of attractive new business in all business units shows that the long-term growth drivers in the markets are intact and Datwyler is a sought-after partner for new and existing customers. For 2024 as a whole, Datwyler expects an EBIT margin above the prior year and revenue in the range of the prior year.
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