Letter to Shareholders - Annual Report 2016
- 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)