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Letter to shareholders: Strong performance at home, continuing expansion abroad in a difficult econo
A consistently strong performance 2008 enabled us again to achieve solid gains at home and abroad, whereas growth in the second half of the year slowed down.
Financial highlights:
- Increase in sales revenue by 17.0% to CHF 452.0 million
- Growth of EBITDA by 5.1% to CHF 85.0 million
- Decrease of operating income (EBIT) by 4.3% to CHF 52.6 million
- Decrease of cash flow by 25.0% to CHF 58.5 million
- Decrease of net income by 54.6% to CHF 29.7 million