The management, therefore, called the shareholders to not demand the payment of a dividend at the next annual general meeting to be held on Jan. 28, 2016.
The net profit of the group, was up, however, and reached CHF 1.9 million (€1.75 million) compared with CHF 1.5 million (€1.38 million) in the prior year. The gain derived from exceptional items and ongoing cost cutting.
Intersport Switzerland currently counts 221 affiliated franchisees and buying partners with a retail turnover of CHF 432 million (€397.5 million). That represents a market share of 23 percent in the country.