2012
Franke Artemis Group 2011 records strong growth in future markets and good organic growth for the entire group
Despite turbulent exchange rates and adverse market conditions with significant falls in key markets, particularly in southern Europe, Franke Artemis Group succeeded in achieving 5.9% organic growth in 2011 and maintained a high level of performance. Several of the group's divisions recorded growth in double figures. Growth rates of 20% and even over 30% were achieved in emerging markets (BRIC states) and Turkey. Sales growth of +3.7% resulted in Swiss francs. The strategic sale of Defy Appliances (Pty.) Ltd., South Africa, to Arçelik on November 30 improved the already good financial base for future growth.