The Model Group recorded consolidated Group sales of CHF 874 million in the 2016 fiscal year. This represents an increase of 42% over the previous year. The Group employed an average of just over 4,200 members of staff during the reporting year, nearly 1,000 more than in 2015. The proportion of those in Switzerland is 22% – with over 900 employees.
Growth follows the acquisition and integration of the former P-Well Group in Germany by Model GmbH.
In addition, the expansion of geographical markets increased the number of European Group customers so that important national markets such as the Czech Republic, Poland, Benelux and Switzerland were able to improve their contribution to the group’s growth. CHF 88 million was invested in innovation, modernisation and expansion projects.