• Financial Report
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  • Consolidated Financial Statements of Emmi Group
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  • Consolidated income statement
Konzernrechnung emmi Gruppe

Consolidated income statement

in CHF 000s

 

Notes

2019

%

2018

%

Sales of products

 

3,464,883

 

3,432,739

 

Sales of services

 

29,080

 

24,673

 

Net sales

1

3,493,963

100.0

3,457,412

100.0

 

 

 

 

 

 

Change in inventories of semi-finished and finished products

 

-12,468

0.3

-17,582

0.5

Cost of materials and services

 

-2,214,890

63.4

-2,186,974

63.3

Gross operating profit

 

1,266,605

36.3

1,252,856

36.2

 

 

 

 

 

 

Other operating income

2

6,934

0.2

5,338

0.2

 

 

 

 

 

 

Personnel expenses

 

-462,359

13.3

-458,463

13.3

Other operating expenses

3

-458,268

13.1

-446,889

12.9

Operating expenses

 

-920,627

26.4

-905,352

26.2

 

 

 

 

 

 

Earnings before interest 1) , taxes, depreciation and amortisation (EBITDA)

 

352,912

10.1

352,842

10.2

 

 

 

 

 

 

Depreciation on property, plant and equipment

4

-96,598

2.8

-96,973

2.8

Amortisation on intangible assets

4

-38,781

1.1

-39,456

1.1

Write-back of negative goodwill

 

310

 

311

 

Earnings before interest 1) and taxes (EBIT)

 

217,843

6.2

216,724

6.3

 

 

 

 

 

 

Income from associates and joint ventures

5

-1,091

 

78,343

 

Financial result

6

-6,754

 

-6,497

 

Earnings before taxes (EBT)

 

209,998

6.0

288,570

8.3

 

 

 

 

 

 

Income taxes

7

-34,784

 

-50,221

 

Profit incl. minority interests

 

175,214

5.0

238,349

6.9

 

 

 

 

 

 

Minority interests

 

-8,972

 

-5,073

 

Net profit

 

166,242

4.8

233,276

6.7

 

 

 

 

 

 

Earnings per share (diluted/basic in CHF)

8

31.07

 

43.60

 

1) Incl. income from associates and joint ventures and other financial positions that are reported in the financial result.