ISS Switzerland increases sales
IFM service provider ISS Switzerland reports revenues of CHF 363 million for the first half of 2015, up from CHF 320.1 million in the same period last year. ISS attributes the increase of more than 13 percent to an increase in new contracts, in addition to the completion of the implementation at Swisscom and Credit Suisse.
André Nauer, CEO: "We continue to see cost and savings pressure from customers, while at the same time their expectations are moving in the direction of individual solutions tailored to their needs."
The geographical distribution of sales roughly corresponds to the size and economic strength of the three language regions and is virtually identical to the previous year: 74 percent of sales are generated in German-speaking Switzerland, 21 percent in French-speaking Switzerland and five percent in Ticino.
The industry segment with the highest revenue is Business Services & IT, which is mainly made up of banks, insurance companies, ICT service providers and consulting firms. The pharmaceutical industry and transportation & infrastructure also account for a significant share. Strategically, ISS intends to focus on the life science, public sector, financial services, transport and manufacturing industries.
In terms of service segments, Property (41%) leads the way, followed by Cleaning (39%) and Support (12%), while the remaining service segments Catering, Security and Facility Management are roughly equally represented. With regard to Property, disproportionate growth was seen above all in the Building Services service segment, ISS writes in a statement.
ISS Switzerland employed around 12,000 people at the end of the first half of 2015, corresponding to a Full Time Equivalent (FTE) of 6,799.
CEO Nauer very satisfied with first half-year
André Nauer, CEO ISS Switzerland, is very satisfied with the first half of the year and sees the company confirmed in the focus of its business model. "We are benefiting from a continuing increase in demand for integral services in the private sector. On the part of customers, however, we continue to see cost and savings pressure, while at the same time their expectations are moving in the direction of individual solutions tailored to their needs," says Nauer.
"In this context, we must therefore ask ourselves where and how we can generate additional and measurable added value for our customers." At present, the macroeconomic situation in the European economic area is also putting greater pressure on performance. This is leading to short-term service reductions and adjustments to services, which are presenting ISS Switzerland with challenges in connection with resource management. (ah)
