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Letter to Shareholders - APG|SGA AG
- Positive income growth and strong balance sheet.
- Increased operating performance and further process enhancements.
- Integration of Impacta AG and Ecofer AG completed.
In brief
- Slight decrease in sales revenues in Switzerland of 1.3% to CHF 143.1 million with stable contract portfolio.
- Positive growth of operating performance:
- 11.0% increase in EBITDA to CHF 37.4 million
- 13.3% increase in EBIT to CHF 32.1 million - Increase in EBITDA margin to 24.5% and EBIT margin to 21.0% thanks to process enhancements and sustained cost reductions.
- Sharp rise in net income by 20.3% to CHF 25.3 million.
