Shares of Dottikon ES Holding AG (DESN.SW) are up 12 percent on Friday's trading after the company's first half profit rose 48 percent from a year ago, helped by higher revenues. The company also expects fiscal 2026 net sales to be higher than the current year.
On the Swiss Exchange, DESN.SW is trading 11.7 percent higher on Friday at 362.00 Swiss francs.
The specialty fine-chemicals manufacturer's net income came in at 47.6 million Swiss francs in the six-month period, a 47.7 percent from 32.3 million francs in the same period last year.
The company said that net sales climbed 25 percent to 196.1 million Swiss francs in the first half of the year from 157.1 million francs in the year-ago period. According to Dottikon ES Holding, half-yearly EBITDA rose 45.4 percent to 69.3 million francs from 47.7 million francs in the year-ago period.
Looking ahead, for fiscal 2026, the company expects net sales to come in more than the present year figures.
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