Financial Report – Consolidated financial statements
Five-year overview
|
|
|
2020 |
2019 |
2018 |
2017 |
2016 |
|
Sales |
EUR million |
617.7 |
644.4 |
601.8 |
582.4 |
538.9 |
|
Change from prior year |
% |
– 4.1 |
7.1 |
3.3 |
8.1 |
1.1 |
|
EBITDA 1 |
EUR million |
74.8 |
64.9 |
53.2 |
45.7 |
70.3 |
|
Change from prior year |
% |
15.2 |
22.1 |
16.5 |
– 35.0 |
164.9 |
|
|
% of sales |
12.1 |
10.1 |
8.8 |
7.8 |
13.0 |
|
EBIT before one-off effects 1/2 |
EUR million |
50.5 |
42.1 |
31.1 |
23.5 |
15.1 |
|
Change from prior year |
% |
20.1 |
35.4 |
32.1 |
56.4 |
187.1 |
|
|
% of sales |
8.2 |
6.5 |
5.2 |
4.0 |
2.8 |
|
EBIT |
EUR million |
50.5 |
42.1 |
31.1 |
23.5 |
43.4 |
|
Change from prior year |
% |
20.1 |
35.4 |
32.1 |
– 45.7 |
726.7 |
|
|
% of sales |
8.2 |
6.5 |
5.2 |
4.0 |
8.0 |
|
Net profit 3 |
EUR million |
39.9 |
31.9 |
24.5 |
16.5 |
28.1 |
|
Change from prior year |
% |
24.9 |
30.6 |
48.3 |
– 41.3 |
– |
|
|
% of sales |
6.5 |
5.0 |
4.1 |
2.8 |
5.2 |
|
Cash flow from operating activities |
EUR million |
95.3 |
43.1 |
30.5 |
18.5 |
17.5 |
|
Change from prior year |
% |
121.0 |
41.2 |
65.5 |
5.3 |
– 44.9 |
|
|
% of sales |
15.4 |
6.7 |
5.1 |
3.2 |
3.3 |
|
Investments in property, plant and equipment & intangible assets |
EUR million |
16.7 |
26.0 |
24.4 |
26.8 |
28.2 |
|
Depreciation & amortisation |
EUR million |
– 24.3 |
– 22.8 |
– 22.1 |
– 22.1 |
– 26.9 |
|
Total assets |
EUR million |
498.6 |
470.5 |
440.9 |
419.8 |
450.5 |
|
Non-current assets |
EUR million |
198.9 |
211.8 |
207.8 |
206.5 |
210.1 |
|
Net liquidity/(net debt) 1 |
EUR million |
96.4 |
25.5 |
21.3 |
27.5 |
54.1 |
|
Shareholders’ equity 3 |
EUR million |
326.9 |
303.0 |
283.1 |
271.2 |
280.2 |
|
|
% of total assets |
65.6 |
64.4 |
64.2 |
64.6 |
62.2 |
|
Employees |
Ø full-time equivalents |
3,340 |
3,413 |
3,412 |
3,383 |
3,247 |
|
Market closing price registered share A |
CHF |
59.10 |
45.60 |
33.35 |
39.95 |
32.15 |
|
Dividends 4 |
CHF million |
14.7 |
8.2 |
9.4 |
5.9 |
11.1 |
|
Payout ratio |
% |
35 |
24 |
35 |
34 |
50 |
|
Market capitalisation 5 |
CHF million |
576.6 |
444.9 |
325.4 |
389.8 |
313.7 |
|
Total market capitalisation 6 |
CHF million |
693.6 |
535.2 |
391.4 |
468.9 |
377.3 |
1 See Alternative performance measures in the consolidated financial statements in this Financial Report.
2 One-off effects in 2016 are related to the sale of the old production facility in China with a one-off positive effect of EUR 40.3 million on the operating result (EBIT) and restructuring costs of EUR 12.0 million.
3 Including minority interests
4 For 2020 as proposed by the Board of Directors
5 Market value of all listed registered shares A at year end; excluding value of unlisted registered shares B
6 Registered shares A and B; registered shares B recognised at one fifth of the price of the registered share A at year end