Key Figures

in CHF 1 000 unless otherwise specified 2015 in % 2016 in % 2017 in % 2018 in %
Net sales 180 612 100.0 189 494 100.0 216 728 100.0 248 115 100.0
Changed compared to previous year (%) -10.8   4.9   14.4   14.5  
EBITDA before restructuring costs 12 117 6.7 12 612 6.7 19 243 8.9 24 630 9.9
Change compared to previous year (%) -38.4   4.1   52.6   28.0  
EBIT before restructuring costs 3 066 1.7 4 072 2.1 10 505 4.8 15 234 6.1
Restructuring costs -4 718 -2.6 -1 145 -0.6 -   -  
Operating profit (EBIT) -1 652 -0.9 2 927 1.5 10 505 4.8 15 234 6.1
Earnings before taxes (EBT) -3 811 -2.1 1 088 0.6 8 633 4.0 13 043 5.3
Income taxes -245 -0.1 -830 -0.4 -1 979 -0.9 -3 403 -1.4
Net profit before restructuring costs 662 0.4 1 403 0.7 6 654 3.1 9 640 3.9
Net profit/(loss) -4 056 -2.2 258 0.1 6 654 3.1 9 640 3.9
Earnings per share -1.37   0.09   2.29   3.32  
               
Number of employees (FTEs at end of period) 1958   1 841   1 924   2 029  

Sales by industry

Sales by export region

Sales by production region

Division results 2015 in % 2016 in % 2017 in % 2018 in %
AMS Division                
– Sales 49 510 100.0 42 844 100.0 52 972 100.0 62 977 100.0
– EBITDA before restructuring 4 907 9.9 2 583 6.0 8 430 15.9 12 036 19.1
                 
ES Division                
– Sales 131 578 100.0 146 650 100.0 163 856 100.0 185 176 100.0
– EBITDA before restructuring 9 380 7.1 11 568 7.9 13 442 8.2 14 868 8.0

Net sales by Division and EBITDA margin before restructuring

in CHF 1,000 unless otherwise specified 31.12.2015 in % 31.12.2016 in % 31.12.2017 in % 31.12.2018 in %
Non-current assets 49 910 33.0 49 788 31.9 48 606 28.7 56 924 29.3
Current assets 101 404 67.0 106 527 68.1 120 443 71.3 137 282 70.7
Total assets 151 314 100.0 156 315 100.0 169 049 100.0 194 206 100.0
Equity 59 700 39.5 60 193 38.5 68 692 40.7 75 137 38.7
                 
Financial liabilities 48 215 31.9 48 978 31.3 48 880 28.9 57 823 29.8
Cash and cash equivalents 27 681 18.3 27 441 17.5 29 300 17.3 29 843 15.4
Net debt 20 534 13.6 21 537 13.8 19 580 11.6 27 980 14.4
Gearing Ratio (net debt in % of equity) 34.4   35.8   28.5   37.2  
                 
Inventories 41 459 27.4 43 860 28.1 51 776 30.6 59 213 30.5
Trade receivables 27 791 18.4 31 916 20.4 34 147 20.2 41 994 21.6
Trade payables -21 831 -14.4 -26 909 -17.2 -28 130 -16.6 -32 365 -16.7
Net working capital 47 419 31.3 48 867 31.3 57 793 34.2 68 842 35.4
in % of sales 26.3   25.8   26.7   27.7  
                 
Capex in tangible assets 8 453   8 362   8 392   18 831  
in % of sales 4.7   4.4   3.9   7.6