Consolidated statement of income
|
|
|
|
|
|
|
|
|
In thousands of CHF |
Note |
2019 |
% |
|
2018 restated 1 |
% |
|
Net sales |
3, 4 |
371,606 |
|
|
436,356 |
|
|
Cost of sales |
|
(228,763) |
|
|
(265,274) |
|
|
Gross profit |
|
142,843 |
38.4% |
|
171,082 |
39.2% |
|
Other operating income |
5 |
5,051 |
1.4% |
|
4,201 |
1.0% |
|
Development expenses |
7 |
(48,693) |
– 13.1% |
|
(53,881) |
– 12.3% |
|
Marketing and selling expenses |
|
(49,843) |
– 13.4% |
|
(63,188) |
– 14.5% |
|
General and administrative expenses |
|
(29,419) |
– 7.9% |
|
(32,848) |
– 7.5% |
|
Loss on disposal of businesses |
8 |
– |
– |
|
(6,595) |
– 1.5% |
|
Operating income |
|
19,939 |
5.4% |
|
18,771 |
4.3% |
|
Financing expenses |
2.4, 10 |
(6,738) |
– 1.8% |
|
(7,003) |
– 1.6% |
|
Financing income |
2.4, 10 |
2,162 |
0.6% |
|
3,484 |
0.8% |
|
Income before tax |
|
15,363 |
4.1% |
|
15,251 |
3.5% |
|
Income tax |
11 |
(3,336) |
– 0.9% |
|
(2,904) |
– 0.7% |
|
Net income |
|
12,027 |
3.2% |
|
12,347 |
2.8% |
|
Earnings per share in CHF, diluted and basic |
12 |
1.55 |
|
|
1.59 |
|
|
|
|
|
|
|
|
|
|
Operating income |
|
19,939 |
5.4% |
|
18,771 |
4.3% |
|
Amortization |
9 |
4,602 |
1.2% |
|
10,655 |
2.4% |
|
EBITA |
|
24,541 |
6.6% |
|
29,426 |
6.7% |
|
Depreciation |
9 |
15,433 |
4.2% |
|
13,540 |
3.1% |
|
EBITDA |
|
39,974 |
10.8% |
|
42,966 |
9.8% |
1 Restated for IFRS 16 (see note 2.2).