Letter to shareholders
- Solid growth on home market Switzerland.
- Strong operating performance on high level.
- Positive income growth.
- Conversion from IFRS to Swiss GAAP ARR.
In brief
2.0% increase in sales revenue in Switzerland to reach a total of CHF 144.9 million. Group sales revenue goes up by 0.4% totaling CHF 153.4 million.
Positive growth of operating performance (adjusted for one-time effects from the same period last year):
- 3.7% increase in EBITDA to CHF 33.7 million.
- 4.7% increase in EBIT to CHF 28.3 million.
Solid increase in net income due to operating performance and positive financial income.