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Swiss firms fast to publish figures

It seems that Swiss companies can hardly wait to share their annual figures.

The typical Swiss firm needs just 52 days – making it much faster than its European counterparts, who take 73 days on average.

That’s according to a study released on Wednesday by software provider ifb and consulting network BPM. Worldwide, the economic crisis drove businesses to offer a prompt look into their ledgers.

In 2009, the fastest Swiss firm was SGS, an inspection and certification company in Geneva; it published its consolidated annual report in just 15 days.

Logitech, the Morges-based computer mouse maker, got its numbers out in 22 days.

Meanwhile, Basel pharmaceutical concern Novartis released its figures after 26 days. and agencies

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SWI - a branch of Swiss Broadcasting Corporation SRG SSR

SWI - a branch of Swiss Broadcasting Corporation SRG SSR