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.
Net sales by division
1) Figures for 2019 restated due to change in the consolidation and accounting principles for goodwill in 2020.
2) The adjustment effect in the year under review relates to the loss from the sale of Gläserne Molkerei. The adjustment effect in 2022 related to an impairment of non-current assets at Gläserne Molkerei. The adjustment effect in 2020 related to the loss from the sale of the majority interest in Lácteos Caprinos S.A.
3) The matters mentioned in footnote 2 also resulted in adjustment effects at net profit level. In addition, profit from the sale of the minority interest in Ambrosi S.p.A. led to a further adjustment effect at net profit level in 2023.
Emmi sustainability targets with a 2027 time horizon
Provisional target achievement levels as at 31.12.2023
1) Currently only Switzerland considered
2) Corrected due to new data basis
3) See this document for the definition emmi.com › Sustainability › ESG expert corner › Scope of report and methodology for Emmi environmental figures