Strong operating performance based on home market in Switzerland.
Continued rigorous adjustment of foreign investments.
One time effects (pension fund, impairment) affect results.
Very solid financial situation.
Dividend/special dividend of CHF 10 per share altogether.
In brief
5.9% increase in sales revenue in Switzerland to reach a total of CHF 297.1 million
Share in sales from companies abroad drops to 6.5% of Group sales. Company in Montenegro sold. Impairment on entire goodwill and in part on contracts in Serbia.
Increase in the EBITDA margin from 21.4% to 23.5% after adjustment
19.8% increase in net income to CHF 50.1 million (previous year: CHF 41.8 million).
Free cash flow of CHF 44.2 million despite CHF 24.0 million contribution to the pension fund (previous year CHF 67.4 million).
Net cash position of CHF 86.5 million (previous year: CHF 62.5 million)
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