8.Earnings per share
|
 |
2019 |
2018 |
|
Number of shares at 1.1. |
5,349,810 |
5,349,810 |
|
Number of shares at 31.12. |
5,349,810 |
5,349,810 |
|
Average number of shares |
5,349,810 |
5,349,810 |
|
Net profit in CHF 000s |
166,242 |
233,276 |
|
Earnings per share (in CHF) |
31.07 |
43.60 |
Earnings per share is calculated by dividing the net profit attributable to the shareholders of Emmi AG by the average number of shares outstanding. Treasury shares (if any) are not included in the average number of shares outstanding.
In the previous year, earnings per share of CHF 43.60 included the gain on the sale of the minority stake in “siggi’s”. By excluding this non-recurring effect, earnings per share amounted to CHF 32.80.