Key Figures

Earnings ratios1) 20152016201720182019
Revenuein m€
1,223.6
1,343.0
1,533.0
1,559.6
1,520.1
EBITDA in m€
178.4
198.4
218.9
252.2
240.8
EBIT in m€
112.9
122.3132.5
161.2
131.7
Earnings after taxesin m€
65.089.0
83.9
114.2
95.7
EBITDA marginin per cent
14.6%
14.8%
14.3%
16.2%
15.8%
EBIT marginin per cent
9.2%
9.1%8.6%
10.3%
8.7%

Balance sheet ratios 12/31/201512/31/201612/31/201712/31/201812/31/2019
Balance sheet totalin m€1,175.91,423.81,465.21,353.91,613.9
Equityin m€386.6454.9528.6550.8618.6
Equity ratioin per cent32.9%32.0%36.1%40.7%38.3%
Working capital employed 2)in m€243.3245.2238.4245.3274.2
Net debt 3)
in m€387.4364.6375.0323.3395.8
Gearing 4)
in per cent100.2%80.1%70.9%58.7%64.0%

Cash-Flow and capex 20152016201720182019
Cash-Flow from operating activitiesin m€
106.9
167.8
161.3
85.5
257.4
Cash-Flow from investing activitiesin m€-110.1-158.8-154.0-102.1-165.7
Cash-Flow from financing activitiesin m€50.7139.2-118.0-63.3-20.6
Capital expenditure 1) 5)in m€133.0144.4178.6183.6164.9

Employees 12/31/2015
12/31/2016
12/31/2017
12/31/2018
12/31/2019
Number of employees as of balance sheet date 1) 6)Number4,5535,0695,8874,3034,368

Value creation 12/31/2015
12/31/2016
12/31/2017
12/31/2018
12/31/2019
ROCE (Return on capital employed 7)in per cent14.2%13.9%13.9%16.6%12.7%
ROE (Return on equity) 8)
in per cent17.2%21.2%17.1%21.2%16.4%
ROIC (Return on Invested Capital) 9)
in per cent11.0%11.7%10.4%13.6%10.6%

Stock exchange ratios 10) 12/31/201512/31/201612/31/2017
12/31/2018
12/31/2019
Share price as of Dec. 31; SIX Swiss Exchange11)in CHF
-5.357.39
60.60
54.00
Number of shares11)in m shares
-225.39225.39
22.54
22.54
Market capitalization12)in m CHF
-1,205.821,665.61
1,365.84
1,217.09
Earnings per share 13)in €
-2.311.98
2.99
2.42
Book value per share 13) 14)in €
-20.1823.45
24.44
27.45

1) Previous years also include the discontinued operation (Pankl-Group)
2) Working Capital Employed = inventories + trade receivables – trade payables
3) Net debt = financial liabilities (current, non-current) – cash
4) Gearing = net debt / equity
5) Additions from property, plant and equipment and intangible assets according to schedule of investments; without first-time application effect of IFRS 16 as of January 1st, 2019
6) Number of employees on the reporting date (including temporary staff)
7) ROCE = EBIT / average capital employed, Capital employed = property, plant and equipment + goodwill + intangible assets + working capital employed
8) ROE = earnings after taxes / average equity
9) ROIC = NOPAT / average capital employed; NOPAT = EBIT – taxes
10) since November 14th, 2016 Listing on SIX Swiss Exchange
11) Reverse stock split in a ratio 10:1 in April 2018
12) Calculation also includes 108,015 numbers of treasury shares as of December 31st, 2019
13) Calculation in 2016 and 2017 adjusted to the new number of shares after reverse stock split in a ratio 10:1
14) Equity / number of shares

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