SKAN Group Reaches Its Targets in the First Half of 2024

The SKAN Group has achieved significant growth in the first half of 2024. Net sales rose by 17.2% to CHF 163.7 million, while EBITDA increased by 15.7% to CHF 21.5 million. The group’s net sales growth and EBITDA margin of 13.1% are within the target range of their guidance.

Order intake reached CHF 177.2 million, substantially higher than in the latter half of 2023. The order backlog stands at CHF 328.0 million, offering planning security for over a year. Both business segments saw double-digit growth, with Services & Consumables experiencing faster and more profitable growth.

The SKAN Group continues to push strategic initiatives in integrated process systems and standardization. The company has increased its workforce by over 150 employees in the past year to support further growth. Earnings before interest and taxes (EBIT) rose by 22.5% to CHF 15.2 million, while profit surged by 68.0% to CHF 14.7 million. Ongoing efforts to improve processes and capacity are expected to enhance profitability in the coming years.