Yves Serra, CEO of Georg Fischer Corporation, summarized the company's performance in 2012 at an annual media conference. Key highlights included 3% sales growth to CHF 3.6 billion despite challenges in Europe, an operating result of CHF 221 million, and an unchanged proposed dividend of CHF 15 per share. The company further balanced its portfolio between its three divisions of GF Piping Systems, GF Automotive, and GF AgieCharmilles. For the mid-term, Georg Fischer confirmed objectives of increasing profitability across its divisions.