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Letter to the shareholders / Annual Report 2014

February 27, 2015
  • Positive growth momentum.
  • Increased profitability and strong balance sheet.
  • Dividend/special dividend amounting to CHF 22 per share.

 

In brief

  • Increase in sales revenues in Switzerland of 3.2% to CHF 298.4 million
  • Fall in share of revenues from foreign companies to 4.1% of Group sales
  • Positive earnings performance:
    6.5% increase in EBITDA to CHF 77.4 million
    7.1% increase in EBIT to CHF 66.3 million
    8.4% increase in net income to CHF 51.7 million
  • Free cash flow of CHF 64.8 million (previous year: CHF 60.1 million)
  • Net cash position of CHF 147.9 million (previous year: CHF 119.0 million)