|
CHF millions |
Note |
30.06.2023 |
31.12.2022 |
30.06.2022 |
|
ASSETS |
|
|
|
|
|
Short-term assets |
|
|
|
|
|
Liquid funds |
|
83.4 |
180.3 |
229.3 |
|
Marketable securities |
|
– |
– |
– |
|
Accounts receivables |
|
187.5 |
179.0 |
178.2 |
|
Other short-term receivables |
|
40.9 |
31.3 |
17.3 |
|
Inventories |
|
198.6 |
155.5 |
151.0 |
|
Accruals |
|
6.2 |
6.2 |
4.5 |
|
Subtotal short-term assets |
|
516.6 |
552.3 |
580.3 |
|
Long-term assets |
|
|
|
|
|
Tangible assets |
|
751.3 |
661.6 |
559.2 |
|
Financial assets |
|
18.6 |
17.3 |
17.6 |
|
Intangible assets |
|
3.2 |
3.3 |
3.9 |
|
Subtotal long-term assets |
|
773.1 |
682.2 |
580.7 |
|
Total assets |
|
1 289.7 |
1 234.5 |
1 161.0 |
|
LIABILITIES |
|
|
|
|
|
Liabilities |
|
|
|
|
|
Short-term liabilities |
|
|
|
|
|
– Accounts payables |
|
165.0 |
209.0 |
139.1 |
|
– Short-term financial debts |
|
56.1 |
10.2 |
11.9 |
|
– Other short-term liabilities |
|
30.8 |
25.9 |
30.1 |
|
– Deferrals |
|
53.1 |
31.8 |
43.6 |
|
– Short-term provisions |
|
9.5 |
6.7 |
6.7 |
|
Subtotal short-term liabilities |
|
314.5 |
283.6 |
231.4 |
|
Long-term liabilities |
|
|
|
|
|
– Long-term financial debts |
|
166.1 |
168.6 |
177.8 |
|
– Other long-term liabilities |
|
0.6 |
0.7 |
0.8 |
|
– Long-term provisions |
|
31.1 |
32.3 |
32.9 |
|
Subtotal long-term liabilities |
|
197.8 |
201.6 |
211.5 |
|
Total liabilities |
|
512.3 |
485.2 |
442.9 |
|
Shareholders' equity |
|
|
|
|
|
Share capital |
|
19.8 |
19.8 |
19.8 |
|
Capital reserves |
|
0.3 |
0.3 |
0.3 |
|
Retained earnings |
|
706.6 |
688.5 |
707.7 |
|
Consolidated result |
|
50.7 |
40.7 |
– 9.7 |
|
Subtotal shareholders' equity |
|
777.4 |
749.3 |
718.1 |
|
Total liabilities |
|
1 289.7 |
1 234.5 |
1 161.0 |
|
CHF millions |
Note |
Half Year 2023 |
Half Year 2022 |
|
|
|
|
|
|
Net sales from goods and services |
1 |
477.9 |
435.0 |
|
Other operating income |
|
10.9 |
7.3 |
|
Changes in inventories |
|
39.0 |
16.2 |
|
|
|
|
|
|
Material expenses |
|
– 75.1 |
– 63.7 |
|
Energy expenses |
|
– 140.2 |
– 112.6 |
|
Personnel expenses |
|
– 97.0 |
– 90.0 |
|
Depreciation/impairments of tangible assets |
|
– 33.7 |
– 36.9 |
|
Amortisation |
|
– 0.8 |
– 0.9 |
|
Other operating expenses |
|
– 110.9 |
– 106.1 |
|
|
|
|
|
|
Operating result (EBIT) |
|
70.1 |
48.3 |
|
Financial result |
|
– 3.9 |
– 5.6 |
|
|
|
|
|
|
Ordinary result |
|
66.2 |
42.7 |
|
Non-operating result* |
|
– 0.5 |
0.6 |
|
Extraordinary result |
2 |
– 0.4 |
– 46.5 |
|
|
|
|
|
|
Consolidated result before income taxes |
|
65.3 |
– 3.2 |
|
Income taxes |
|
– 14.6 |
– 6.5 |
|
|
|
|
|
|
Consolidated result |
|
50.7 |
– 9.7 |
|
|
|
|
|
|
Earnings per share |
3 |
|
|
|
Undiluted earnings per registered share A in CHF |
|
2.56 |
– 0.49 |
|
Undiluted earnings per registered share B in CHF |
|
0.51 |
– 0.10 |
|
Diluted earnings per registered share A in CHF |
|
2.56 |
– 0.49 |
|
Diluted earnings per registered share B in CHF |
|
0.51 |
– 0.10 |
*This includes depreciation of CHF 0.4 million (2022: CHF 0.5 million) on non-operating real estate and buildings.
|
CHF millions |
Note |
Half Year 2023 |
2022 |
Half Year 2022 |
|
|
|
|
|
|
|
Consolidated result |
|
50.7 |
40.7 |
– 9.7 |
|
Depreciation and amortisation |
|
34.9 |
73.1 |
38.3 |
|
Impairments |
|
– 0.3 |
25.7 |
45.0 |
|
Change in provisions |
|
0.2 |
3.0 |
6.2 |
|
Result from disposals fixed assets |
|
0.2 |
0.5 |
– |
|
Other non-cash items |
|
– |
– 0.8 |
1.6 |
|
Operating cash flow before change of net working capital |
|
85.7 |
142.2 |
81.4 |
|
|
|
|
|
|
|
Change in accounts receivables |
|
– 8.7 |
– 46.3 |
– 49.3 |
|
Change in inventories |
|
– 43.8 |
– 27.5 |
– 22.0 |
|
Change in other receivables, prepaid expenses and accrued income |
|
– 9.8 |
– 19.8 |
– 3.2 |
|
Change in accounts payables |
|
– 43.4 |
80.0 |
0.8 |
|
Change in other liabilities, accrued expenses and deferred income |
|
26.3 |
1.9 |
17.5 |
|
Cash flow from operating activities |
|
6.3 |
130.5 |
25.2 |
|
|
|
|
|
|
|
Investments in tangible assets |
|
– 127.4 |
– 194.1 |
– 52.5 |
|
Disposals of tangible assets |
|
0.2 |
2.9 |
– |
|
Investments in intangible assets |
|
– 0.6 |
– 0.5 |
– 0.2 |
|
Cash flow from investment activities |
|
– 127.8 |
– 191.7 |
– 52.7 |
|
|
|
|
|
|
|
Dividend to shareholders |
|
– 19.8 |
– 25.8 |
– 25.8 |
|
Change in short-tem financial debts |
|
46.2 |
– 2.7 |
2.6 |
|
Change in long-tem financial debts |
|
– 1.7 |
147.8 |
154.5 |
|
Cash flow from financing activities |
|
24.7 |
119.3 |
131.3 |
|
|
|
|
|
|
|
Foreign exchange differences |
|
– 0.1 |
– 4.0 |
– 0.7 |
|
|
|
|
|
|
|
Change in liquid funds |
|
– 96.9 |
54.1 |
103.1 |
|
|
|
|
|
|
|
Liquid funds at the beginning of the year |
|
180.3 |
126.2 |
126.2 |
|
Liquid funds at the end of the period under review |
|
83.4 |
180.3 |
229.3 |
|
Change in liquid funds |
|
– 96.9 |
54.1 |
103.1 |
|
CHF millions |
|
|
|
|
|
|
Share capital |
Capital reserves (Agio) |
Retained earnings |
Subtotal |
|
Sharholders' equity as per 1.1.2022 |
19.8 |
0.3 |
754.4 |
774.5 |
|
Consolidated result |
– |
– |
– 9.7 |
– 9.7 |
|
Foreign exchange differences |
– |
– |
– 20.9 |
– 20.9 |
|
Dividends |
– |
– |
– 25.8 |
– 25.8 |
|
Sharholders' equity as per 30.06.2022 |
19.8 |
0.3 |
698.0 |
718.1 |
|
Consolidated result |
– |
– |
50.4 |
50.4 |
|
Foreign exchange differentials |
– |
– |
– 19.2 |
– 19.2 |
|
Sharholders' equity as per 31.12.2022 |
19.8 |
0.3 |
729.2 |
749.3 |
|
Consolidated result |
– |
– |
50.7 |
50.7 |
|
Foreign exchange differences |
– |
– |
– 2.8 |
– 2.8 |
|
Dividends |
– |
– |
– 19.8 |
– 19.8 |
|
Sharholders' equity as per 30.06.2023 |
19.8 |
0.3 |
757.3 |
777.4 |