Financial Report

Consolidated income statement

EUR million

1st half-year 2024

1st half-year 2023

Change from prior year in %

Sales

344.7

407.0

–15.3

Changes in inventories

–3.2

1.9

Own work capitalised

1.4

1.4

Other operating income

2.1

2.1

Cost of materials

–116.7

–155.7

Personnel costs

–126.8

–129.6

Depreciation of property, plant and equipment

–12.2

–11.5

Amortisation of intangible assets

–0.5

–0.5

Other operating expenses

–76.3

–77.5

Operating result (EBIT)

12.5

37.5

–66.7

Financial result

0.2

–1.6

Earnings before taxes

12.7

36.0

–64.8

Income taxes

–5.5

–8.3

Net profit

7.1

27.7

–74.2

Attributable to:

- shareholders of Zehnder Group AG

6.6

27.0

- minority interests

0.6

0.6

Non-diluted net profit excluding minority interests per registered share A (EUR)

0.60

2.39

–74.8

Diluted net profit excluding minority interests per registered share A (EUR)

0.60

2.38

–74.8

Non-diluted net profit excluding minority interests per registered share B (EUR)

0.12

0.48

–74.8

Diluted net profit excluding minority interests per registered share B (EUR)

0.12

0.48

–74.8

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