Positive momentum continued in the first half-year of 2018
(WorldNews Switzerland)

GF Piping Systems maintained its strong momentum. Sales grew by another 15% to CHF 947 million. Organic growth stood at 11%, reflecting a strong underlying trend in all sectors and especially for its industrial applications worldwide. The division improved its operating result by 19% from CHF 97 million to CHF 115 million, resulting in an operating margin of 12.1% compared to 11.7% in the first semester of 2017. Most plants...