Five-year overview of the Corporation 

CHF million

 

2018

 

2017

 

2016

 

2015

 

2014

 

 

 

 

 

 

 

 

 

 

 

Order intake

 

4’521

 

4’274

 

3’749

 

3’662

 

3’836

Orders on hand at year-end

 

623

 

773

 

614

 

612

 

634

Income statement

 

 

 

 

 

 

 

 

 

 

Sales

 

4’572

 

4’150

 

3’744

 

3’640

 

3’795

EBITDA

 

529

 

491

 

443

 

422

 

399

Operating result (EBIT)

 

382

 

352

 

311

 

296

 

274

Net profit/loss after minorities

 

281

 

252

 

216

 

188

 

184

Cash flow

 

 

 

 

 

 

 

 

 

 

Cash flow from operating activities

 

397

 

410

 

400

 

328

 

248

Depreciation on tangible fixed assets

 

142

 

131

 

126

 

122

 

122

Amortization on intangible assets

 

5

 

8

 

6

 

4

 

3

Additions to property, plant, and equipment

 

–234

 

–207

 

–174

 

–167

 

–152

Cash flow from acquisitions and divestitures

 

–154

 

–74

 

–96

 

–2

 

–20

Free cash flow before acquisitions/divestitures

 

147

 

204

 

231

 

190

 

110

Free cash flow

 

–7

 

130

 

135

 

188

 

90

Balance sheet

 

 

 

 

 

 

 

 

 

 

Current assets

 

2’128

 

2’277

 

2’024

 

1’934

 

1’801

Non-current assets

 

1’316

 

1’333

 

1’178

 

1’149

 

1’188

Assets

 

3’444

 

3’610

 

3’202

 

3’083

 

2’989

Current liabilities

 

1’124

 

1’418

 

1’067

 

1’221

 

981

Non-current liabilities

 

892

 

823

 

935

 

732

 

904

Equity

 

1’428

 

1’369

 

1’200

 

1’130

 

1’104

Net working capital

 

926

 

899

 

838

 

819

 

864

Invested capital (IC)

 

1’494

 

1’466

 

1’333

 

1’279

 

1’354

Net debt

 

238

 

183

 

214

 

238

 

354

Asset structure

 

 

 

 

 

 

 

 

 

 

– Current assets %

 

62

 

63

 

63

 

63

 

60

– Non-current assets %

 

38

 

37

 

37

 

37

 

40

Capital structure

 

 

 

 

 

 

 

 

 

 

– Current liabilities %

 

33

 

39

 

34

 

39

 

33

– Non-current liabilities %

 

26

 

23

 

29

 

24

 

30

– Equity %

 

41

 

38

 

37

 

37

 

37

Key figures

 

 

 

 

 

 

 

 

 

 

Return on equity (ROE) %

 

19.9

 

20.1

 

19.3

 

17.7

 

18.7

Return on invested capital (ROIC) %

 

22.4

 

20.3

 

19.3

 

18.9

 

17.9

Return on sales (EBIT margin) %

 

8.4

 

8.5

 

8.3

 

8.1

 

7.2

Asset turnover

 

3.1

 

3.0

 

2.9

 

2.8

 

2.9

Cash flow from operating activities in % of sales

 

8.7

 

9.9

 

10.7

 

9.0

 

6.5

Employees

 

 

 

 

 

 

 

 

 

 

Employees at year-end

 

15’027

 

15’835

 

14’808

 

14’424

 

14’140

Europe

 

8’721

 

9’658

 

8’845

 

8’783

 

8’676

– Thereof Germany

 

1’450

 

3’392

 

3’312

 

3’382

 

3’383

– Thereof Switzerland

 

3’406

 

2’783

 

2’700

 

2’642

 

2’686

– Thereof Austria

 

1’940

 

1’936

 

1’885

 

1’830

 

1’719

– Thereof Rest of Europe

 

1’925

 

1’547

 

948

 

929

 

888

Asia

 

3’725

 

3’807

 

3’713

 

3’502

 

3’455

– Thereof China

 

3’199

 

3’287

 

3’216

 

3’131

 

3’085

Americas

 

1’740

 

1’503

 

1’348

 

1’262

 

1’259

Rest of world

 

841

 

867

 

902

 

877

 

750