Five-year overview of the Corporation
|
CHF million |
|
2019 |
|
2018 |
|
2017 |
|
2016 |
|
2015 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Order intake |
|
3'692 |
|
4'521 |
|
4'274 |
|
3'749 |
|
3'662 |
|
Orders on hand at year-end |
|
563 |
|
623 |
|
773 |
|
614 |
|
612 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Income statement |
|
|
|
|
|
|
|
|
|
|
|
Sales |
|
3'720 |
|
4'572 |
|
4'150 |
|
3'744 |
|
3'640 |
|
EBITDA |
|
374 |
|
529 |
|
491 |
|
443 |
|
422 |
|
Operating result (EBIT) before one-offs |
|
281 |
|
382 |
|
352 |
|
311 |
|
296 |
|
One-offs |
|
46 |
|
|
|
|
|
|
|
|
|
Operating result (EBIT) |
|
235 |
|
382 |
|
352 |
|
311 |
|
296 |
|
Net profit/loss after minorities |
|
173 |
|
281 |
|
252 |
|
216 |
|
188 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash flow |
|
|
|
|
|
|
|
|
|
|
|
Cash flow from operating activities |
|
318 |
|
397 |
|
410 |
|
400 |
|
328 |
|
Depreciation on tangible fixed assets |
|
133 |
|
142 |
|
131 |
|
126 |
|
122 |
|
Amortization on intangible assets |
|
6 |
|
5 |
|
8 |
|
6 |
|
4 |
|
Additions to property, plant, and equipment |
|
–178 |
|
–234 |
|
–207 |
|
–174 |
|
–167 |
|
Cash flow from acquisitions and divestments |
|
–5 |
|
–154 |
|
–74 |
|
–96 |
|
–2 |
|
Free cash flow before acquisitions/divestments |
|
137 |
|
147 |
|
204 |
|
231 |
|
190 |
|
Free cash flow |
|
132 |
|
–7 |
|
130 |
|
135 |
|
188 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance sheet |
|
|
|
|
|
|
|
|
|
|
|
Current assets |
|
1'999 |
|
2'128 |
|
2'277 |
|
2'024 |
|
1'934 |
|
Non-current assets |
|
1'345 |
|
1'316 |
|
1'333 |
|
1'178 |
|
1'149 |
|
Assets |
|
3'344 |
|
3'444 |
|
3'610 |
|
3'202 |
|
3'083 |
|
Current liabilities |
|
1'012 |
|
1'124 |
|
1'418 |
|
1'067 |
|
1'221 |
|
Non-current liabilities |
|
894 |
|
892 |
|
823 |
|
935 |
|
732 |
|
Equity |
|
1'438 |
|
1'428 |
|
1'369 |
|
1'200 |
|
1'130 |
|
Net working capital |
|
856 |
|
926 |
|
899 |
|
838 |
|
819 |
|
Invested capital (IC) |
|
1'473 |
|
1'494 |
|
1'466 |
|
1'333 |
|
1'279 |
|
Net debt |
|
232 |
|
238 |
|
183 |
|
214 |
|
238 |
|
Asset structure |
|
|
|
|
|
|
|
|
|
|
|
– Current assets % |
|
60 |
|
62 |
|
63 |
|
63 |
|
63 |
|
– Non-current assets % |
|
40 |
|
38 |
|
37 |
|
37 |
|
37 |
|
Capital structure |
|
|
|
|
|
|
|
|
|
|
|
– Current liabilities % |
|
30 |
|
33 |
|
39 |
|
34 |
|
39 |
|
– Non-current liabilities % |
|
27 |
|
26 |
|
23 |
|
29 |
|
24 |
|
– Equity % |
|
43 |
|
41 |
|
38 |
|
37 |
|
37 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Key figures |
|
|
|
|
|
|
|
|
|
|
|
Return on equity (ROE) % |
|
12.0 |
|
19.9 |
|
20.1 |
|
19.3 |
|
17.7 |
|
Return on invested capital (ROIC) % |
|
12.4 |
|
22.4 |
|
20.3 |
|
19.3 |
|
18.9 |
|
Return on sales before one-offs (EBIT margin before one-offs) % |
|
7.6 |
|
8.4 |
|
8.5 |
|
8.3 |
|
8.1 |
|
Return on sales (EBIT margin) % |
|
6.3 |
|
8.4 |
|
8.5 |
|
8.3 |
|
8.1 |
|
Asset turnover |
|
2.5 |
|
3.1 |
|
3.0 |
|
2.9 |
|
2.8 |
|
Cash flow from operating activities in % of sales |
|
8.5 |
|
8.7 |
|
9.9 |
|
10.7 |
|
9.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Employees |
|
|
|
|
|
|
|
|
|
|
|
Employees at year-end |
|
14'678 |
|
15'027 |
|
15'835 |
|
14'808 |
|
14'424 |
|
Europe |
|
8'373 |
|
8'721 |
|
9'658 |
|
8'845 |
|
8'783 |
|
– Thereof Germany |
|
1'490 |
|
1'450 |
|
3'392 |
|
3'312 |
|
3'382 |
|
– Thereof Switzerland |
|
3'397 |
|
3'406 |
|
2'783 |
|
2'700 |
|
2'642 |
|
– Thereof Rest of Europe |
|
3'486 |
|
3'865 |
|
3'483 |
|
2'833 |
|
2'759 |
|
Asia |
|
3'545 |
|
3'725 |
|
3'807 |
|
3'713 |
|
3'502 |
|
– Thereof China |
|
2'997 |
|
3'199 |
|
3'287 |
|
3'216 |
|
3'131 |
|
– Thereof Rest of Asia |
|
548 |
|
526 |
|
520 |
|
497 |
|
371 |
|
Americas |
|
1'922 |
|
1'740 |
|
1'503 |
|
1'348 |
|
1'262 |
|
Rest of world |
|
838 |
|
841 |
|
867 |
|
902 |
|
877 |