Segment reporting
in CHF 000s|
Net sales by product groups and divisions |
1HY 2020 |
Switzerland 1HY 2019 |
1HY 2020 |
Americas 1HY 2019 |
1HY 2020 |
Europe 1HY 2019 |
1HY 2020 |
Global Trade 1HY 2019 |
1HY 2020 |
Group 1HY 2019 |
|
Dairy products |
343,119 |
335,447 |
175,022 |
137,964 |
49,633 |
46,748 |
1,422 |
1,737 |
569,196 |
521,896 |
|
As % of net sales |
41.4 |
41.4 |
29.2 |
26.6 |
17.0 |
16.7 |
2.6 |
3.2 |
32.1 |
31.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Fresh products |
171,974 |
166,965 |
96,609 |
101,203 |
140,245 |
129,195 |
18,860 |
19,518 |
427,688 |
416,881 |
|
As % of net sales |
20.7 |
20.6 |
16.1 |
19.5 |
48.0 |
46.2 |
34.8 |
35.8 |
24.1 |
25.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Cheese |
199,686 |
193,867 |
235,118 |
217,252 |
54,211 |
54,653 |
21,467 |
22,767 |
510,482 |
488,539 |
|
As % of net sales |
24.1 |
23.9 |
39.3 |
41.9 |
18.6 |
19.5 |
39.7 |
41.8 |
28.8 |
29.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Fresh cheese |
55,271 |
53,028 |
30,816 |
7,454 |
19,111 |
25,735 |
– |
64 |
105,198 |
86,281 |
|
As % of net sales |
6.7 |
6.5 |
5.2 |
1.4 |
6.5 |
9.2 |
– |
0.1 |
5.9 |
5.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Powder/concentrates |
31,616 |
29,377 |
10,955 |
2,296 |
23,944 |
21,278 |
12,305 |
9,675 |
78,820 |
62,626 |
|
As % of net sales |
3.8 |
3.6 |
1.8 |
0.5 |
8.2 |
7.6 |
22.7 |
17.8 |
4.5 |
3.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Other products and services |
27,108 |
31,875 |
50,122 |
52,222 |
4,815 |
2,264 |
111 |
709 |
82,156 |
87,070 |
|
As % of net sales |
3.3 |
4.0 |
8.4 |
10.1 |
1.7 |
0.8 |
0.2 |
1.3 |
4.6 |
5.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net sales |
828,774 |
810,559 |
598,642 |
518,391 |
291,959 |
279,873 |
54,165 |
54,470 |
1,773,540 |
1,663,293 |
|
As % of Group |
46.7 |
48.7 |
33.8 |
31.2 |
16.4 |
16.8 |
3.1 |
3.3 |
100.0 |
100.0 |
|
Net sales by country group |
1HY 2020 |
in % |
1HY 2019 |
in % |
|
|
|
|
|
|
|
Switzerland |
828,774 |
46.7 |
810,559 |
48.7 |
|
|
|
|
|
|
|
Europe excl. Switzerland |
421,982 |
23.8 |
423,075 |
25.4 |
|
|
|
|
|
|
|
North and South America |
412,399 |
23.3 |
330,259 |
19.9 |
|
|
|
|
|
|
|
Africa |
76,641 |
4.3 |
68,029 |
4.1 |
|
|
|
|
|
|
|
Asia/Pacific |
33,744 |
1.9 |
31,371 |
1.9 |
|
|
|
|
|
|
|
Total |
1,773,540 |
100.0 |
1,663,293 |
100.0 |
|
|
|
|
|
|
Emmi does not publish segment results since this would cause significant competitive disadvantages towards stakeholders, non-listed and larger listed competitors both in Switzerland and abroad.
The business divisions are not defined strictly according to geographical considerations. The business division Americas includes the Emmi Group companies in the US, Spain (excl. Lácteos Caprinos S.A.), Chile, Brazil, Tunisia, France, Mexico and Canada. The business division Europe incorporates those in Germany, Italy, the Netherlands, the UK, Austria, Lácteos Caprinos in Spain, and Belgium. The business division Global Trade primarily comprises direct sales from Switzerland to customers in countries in which Emmi has no subsidiaries. These include the Asian and Eastern European markets, most South American countries and the Arabian Peninsula.