EBIT margin grows at FoamPartner in 2019

摘要

Zurich, Switzerland - Swiss holding company Conzzeta, which owns FoamPartner and is trying to sell it, increased its operating EBIT margin in 2019. The group experienced a fall in sales of 11.7% in 2019. This is because it sold its glass processing business in the first quarter of the year. Adjusting for this, and at constant exchange rates, the headline fall becomes 4.9%.