Welcome


Back

Letter to Shareholders - Annual Report 2016

February 28, 2017

- Strong, high-level operating performance.

- Positive one-time effect with disposal of Basel property.

- Financial situation very sound.

- Dividend/special dividend totaling CHF 24 per share.

 

In brief (adjusted for one-time effects)

  • Sales revenue in Switzerland up 0.4% to CHF 303.4 million.Group sales revenue 0.7% higher at CHF 315.4 million.
  • Revenues increase in Serbia by 10.7%
  • Positive margin situation, in line with previous year:
    EBITDA margin: 24.8% (previous year 24.8%)
    EBIT margin: 20.9% (previous year 21.1%)
  • Net income rises by 0.8% to CHF 52.6 million.
  • Cash flow of CHF 64.0 million (previous year CHF 62.3 million)