Financial Report

Financial highlights

Revenues of CHF 385.1 million compared to CHF 393.3 million last year, a decline of 2.1%
Gross Profit (adjusted) of CHF 175.1 million compared to CHF 177.9 million last year, a decline of 1.6%, and resulting in a gross margin of 45.5% versus 45.2% last year
EBIT (adjusted) of CHF 43.1 million, compared to CHF 60.4 million last year
Net Profit (adjusted) before minority interests of CHF 32.0 million, compared to CHF 48.2 million last year
Free cash flow of CHF 10.5 million (CHF 21.3 million before acquisitions), compared to CHF ‑27.0 million last year
EBITDA (adjusted) of CHF 71.7 million, compared to CHF 81.2 million last year
CHF 127.4 million of cash and cash equivalents at year-end 2019, compared to CHF 136.3 million at year-end 2018