• 7. Earnings per share
CONSOLIDATED FINANCIAL STATEMENTS OF EMMI GROUP

7. Earnings per share

 

2020

2019 (restated)

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

188,392

194,995

Earnings per share (in CHF)

35.21

36.45

Earnings per share is calculated by dividing the net profit attributable to the shareholders of Emmi AG by the average number of shares outstanding. There are no treasury shares that need to be considered in the calculation of the average number of shares outstanding.

Earnings per share of CHF 35.21 include the loss on the sale of the majority stake in Lácteos Caprinos S.A. By excluding this non-recurring effect, earnings per share amounted to CHF 37.86.