Key figures Emmi Group

in CHF million

2023

2023 adjusted 1)

2022

2022 adjusted 2)

Net sales

4,242

 

4,230

 

 

 

 

 

 

Sales development in %

0.3

 

8.1

 

Net sales increase in organic terms in %

3.5

 

7.0

 

Acquisition effect in %

-1.0

 

2.1

 

Currency effect in %

-2.2

 

-1.0

 

 

 

 

 

 

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

375.8

413.0

379.3

 

as % of net sales

8.9

9.7

9.0

 

Earnings before interest and taxes (EBIT)

258.2

295.4

253.0

266.1

as % of net sales

6.1

7.0

6.0

6.3

Net profit

186.3

212.4

182.5

194.3

as % of net sales

4.4

5.0

4.3

4.6

Investment in fixed assets (excl. acquisitions)

145.1

 

206.2

 

as % of net sales

3.4

 

4.9

 

Headcount (full-time equivalents) as at 31.12.

9,346

 

9,368

 

Headcount (full-time equivalents) at yearly average

9,337

 

9,299

 

 

 

 

 

 

 

31.12.2023

 

31.12.2022

 

Total assets

2,715

 

2,635

 

of which shareholders’ equity incl. minority interests

1,415

 

1,284

 

as % of total assets

52.1

 

48.7

 

Market capitalisation

4,874

 

4,189

 

1) Adjusted for non-recurring effects of CHF 37.2 million at EBITDA and EBIT level and CHF 26.1 million at net profit level. In the reporting year, these resulted from the sale of Gläserne Molkerei and the sale of the minority stake in Ambrosi S.p.A.

2) The adjustment effect in the previous year relates to an impairment of non-current assets at Gläserne Molkerei. This amounts to CHF 13.1 million at EBIT level and CHF 11.8 million at net profit level.

Since 1 January 2022, the companies in France have been part of the division Europe (previously division Americas). The previous year’s figures have been restated accordingly.


Net sales by division