Goldbach Group AG reported consolidated earnings results for the year 2016. For the year, the company reported Sales up 5.4% to CHF 496 million. After taxes and minority interests, the net profit attributable to the shareholders of the company thus came to CHF 8.8 million, compared to CHF 7.0 million in the prior year. The cash flow from operating activities amounted to CHF 28.5 million, a figure CHF 12.0 million higher than prior year. Owing to the higher sales and reduction in operating expenses, EBITDA rose by 15.6% to CHF 32.5 million. The consolidated net profit for 2016 rose by 25.1% to CHF 8.8 million; adjusted for the extraordinary effects mentioned, the increase was +21.9% to CHF 7.5 million.

The company provided earnings guidance for the year 2017. For the year, the company anticipates organic sales growth in the low single-digit percentage range along with a rise in EBITDA in the mid-single-digit percentage range plus a net profit attributable to shareholders of CHF 9.0 to CHF 11.0 million.