TRISA Group with good annual result 2015
Thanks to higher productivity, numerous process improvements and consistent cost management, the TRISA Group can report a good annual result for 2015 of CHF 22.4 million at EBIT level. This corresponds to an increase of 8.5 percent compared to the previous year. Total sales, on the other hand, fell by 9.1 percent to 232 million Swiss francs. The decline in sales is primarily a consequence of the renewed appreciation of the Swiss franc. In the past financial year, TRISA again reported an export share of 95 percent in its core business of toothbrushes.
The appreciation of the Swiss franc had a substantial impact on the TRISA Group, consisting of TRISA Holding AG, TRISA AG, TRISA Electronics AG, TRISA Accessoires AG, TRISONIC AG, Ebnat AG and TRISA Bulgaria GmbH. However, it was possible to react quickly and prudently, according to the statement. The clear priorities of customer, innovation and cost focus, coupled with adaptability and flexibility, have proven their worth in this extraordinary environment and have proved to be right for TRISA, the company says. The structure and orientation of the TRISA Group also helped to cushion some of the negative currency effects.
Different development in the world regions
TRISA was able to achieve positive market development above all in the countries of the Middle East and in the USA, while currency-related sales declines occurred in the European markets. The domestic market proved to be robust for TRISA overall. Particularly in challenging times, the trust and loyalty of its large national and international clientele are key values, according to the Group's credo. The stable sustainability of these relationships was once again proven, as could be seen.
Renewed high proportion of innovation and lively investment activity
With 22.6 million Swiss francs invested in new products, machines and buildings, the TRISA Group once again recorded a high level of investment activity. In early summer, the fully automated high-bay warehouse with space for around 9,100 pallets went into operation at the Triengen site. Thanks to this additional storage capacity, the needs of the TRISA Group companies can be bundled centrally, work processes can be organized more efficiently and synergies can be exploited. In addition, the subsidiaries Ebnat AG were able to commission a new production building and TRISA Bulgaria GmbH a new office and warehouse building in the fall.
Into the future with innovative strength and increased productivity
As long as the Swiss franc moves beyond purchasing power parity, there is no all-clear from the currency front. Those responsible at TRISA assume that the measures already introduced will continue to have an effect this year. The focus is on exploiting synergies within the TRISA Group, further productivity improvements, lean processes and sustainable efficiency improvements, as well as cost optimization across the entire value chain. The measures are supported by an optimized product development process and fast throughput times in order to respond even better to opportunities and guarantee an attractive "time to market". TRISA will continue to build on its proven strengths in the future: The commitment and innovative strength of its teams as well as the high quality of its products.
