Press release 19.6.2018

More turnover, more employees: Cendres+Métaux starts 2018 with solid growth.

The Biel-based company Cendres+Métaux, which is active in medical technology and as a watch supplier, can look back on a successful first half of the 2017/2018 financial year. Group turnover worldwide increased by more than 8% compared with the same period of the previous year. The number of employees also increased again.

The Cendres+Métaux Group has started the new financial year with robust growth. Consolidated Group sales increased by 8% in the first half of the financial year, as of 31 March 2018, compared to the same period of the previous year. Growth is broadly based across the various business segments. Marco Zingg, Chairman of the Board of Directors of the Cendres+Métaux Group is satisfied with this result: "These figures now also confirm the strategic realignment initiated by the Board of Directors and the Executive Board by the market success of the various divisions".

The number of employees also increased by 6% to currently 351 employees at the parent company in Biel due to the growth over the same period. "We are now also experiencing certain effects of the shortage of skilled labour on our growth", says Zingg. "Due to our different business fields we need different specialists, who are not always easy to find". The company has therefore stepped up its activities in the various specialist associations. In addition, Cendres+Métaux attaches great importance to the training of its own junior staff. The company currently employs 21 trainees in various vocations.

For more information, please contact:

Telephone +41-58-36020-00 or info@cmsa.ch

19 June 2018

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