ALTDORF, Switzerland—Datwyler Group's Sealing Solutions division posted a strong first half that helped to counter difficulties elsewhere in the group.
Datwyler Holding A.G. posted a 2.1 percent year-on-year drop in EBITDA to $111.3 million, on first-half net sales of $663.8 million, 3.8 percent higher than in the same period last year.
Over the six months to June 30, Datwyler said an acceleration in profitable growth at its Sealing Solutions division largely offset declines in its Technical Components division.
"Demand for sealing components within the automotive industry in China and for prefilled syringes in the health care market segment proved to be particularly dynamic," the Swiss group reported Aug. 11.
On the other hand, Datwyler's Europe-focused Technical Components division suffered a drop in revenue caused by "persistently weak" demand in the business-to-consumer segment.