Key figures 2020
INCOME STATEMENT
| in CHF million | 2020 | 2019 | 2018 | 2017 | 2016 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Net revenue | 218.6 | 237.4 | 264.9 | 288.5 | 298.9 | |||||
| Thereof Security Printing | 87.3 | 101.2 | 112.3 | 129.8 | 121.2 | |||||
| Thereof Zeiser | 24.8 | 29.2 | 50.7 | 55.9 | 72.2 | |||||
| Thereof Book Retailing | 96.2 | 97.4 | 92.2 | 91.7 | 94.8 | |||||
| Thereof Publishing | 10.3 | 9.8 | 10.1 | 11.1 | 10.8 | |||||
| EBITDA | ||||||||||
| (EBIT + Depreciation / Impairment) | 24.1 | 29.2 | 26.5 | 28.5 | 33.1 | |||||
| in % Net revenue | 11.0% | 12.3% | 10.0% | 9.9% | 11.1% | |||||
| Depreciation and Impairment | –9.7 | –11.0 | –14.5 | –15.9 | –14.6 | |||||
| EBIT | 14.4 | 18.2 | 12.0 | 12.6 | 18.5 | |||||
| Thereof Security Printing | 5.5 | 9.2 | 18.0 | 20.1 | 17.4 | |||||
| Thereof Zeiser | 5.3 | 6.4 | –8.5 | –6.7 | 2.0 | |||||
| Thereof Book Retailing | 5.5 | 6.5 | 5.0 | 1.6 | 2.0 | |||||
| Thereof Publishing | 1.0 | –1.2 | –0.3 | –0.1 | –0.9 | |||||
| in % Net revenue | 6.6% | 7.7% | 4.5% | 4.4% | 6.2% | |||||
| Special items (included in EBIT) | 0.2 | –1.5 | –8.1 | –5.3 | –1.8 | |||||
| Thereof Security Printing | – | –2.1 | –0.8 | – | – | |||||
| Cost for restructuring | – | –1.4 | – | – | – | |||||
| Impairment | – | –0.7 | – | – | – | |||||
| Strategy consulting | – | – | –0.8 | – | – | |||||
| Thereof Zeiser | 0.2 | 1.6 | –7.3 | –4.6 | –1.9 | |||||
| Cost for restructuring | 0.2 | 2.8 | –7.3 | – | – | |||||
| Impairment | – | –1.2 | – | –4.6 | –1.9 | |||||
| Thereof Book Retailing | – | – | – | –0.2 | 0.5 | |||||
| Cost for restructuring | – | – | – | –0.7 | 0.5 | |||||
| Impairment | – | – | – | 0.5 | – | |||||
| Thereof Publishing | –0.0 | –1.0 | – | – | –0.3 | |||||
| Cost for restructuring | –0.0 | –0.4 | – | – | – | |||||
| Impairment | – | –0.6 | – | – | –0.3 | |||||
| Thereof others | – | – | – | –0.5 | –0.1 | |||||
| Cost for restructuring | – | – | – | –0.5 | –0.1 | |||||
| EBIT before special items | 14.2 | 19.7 | 20.1 | 17.9 | 20.3 | |||||
| Thereof Security Printing | 5.5 | 11.3 | 18.8 | 20.1 | 17.4 | |||||
| Thereof Zeiser | 5.1 | 4.8 | –1.2 | –2.1 | 3.9 | |||||
| Thereof Book Retailing | 5.5 | 6.5 | 5.0 | 1.8 | 1.5 | |||||
| Thereof Publishing | 1.1 | –0.1 | –0.3 | –0.1 | –0.6 | |||||
| Net income for the period | 15.0 | 10.9 | –47.2 | 6.4 | 12.3 | |||||
| Net income in % Net revenue | 6.9% | 4.6% | –17.8% | 2.2% | 4.1% | |||||
| Net income for the period before extraordinary result | 15.0 | 10.9 | 6.9 | 6.4 | 12.3 | |||||
| Net income before extraordinary result in % Net revenue | 6.9% | 4.6% | 2.6% | 2.2% | 4.1% | |||||
| Minority insterests of net income for the periode | 2.1 | 2.4 | 2.9 | 1.6 | 1.5 | |||||
| Net income for the period after minority interests before extraordinary result | 12.9 | 8.5 | 4.0 | 4.8 | 10.8 | |||||
| Net income for the period after minority interests | 12.9 | 8.5 | –50.1 | 4.8 | 10.8 | |||||
BALANCE SHEET
| in CHF million | 2020 | 2019 | 2018 | 2017 | 2016 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible assets | 62.3 | 50.8 | 58.6 | 75.2 | 77.0 | |||||
| Total assets | 211.1 | 221.1 | 223.5 | 229.5 | 235.9 | |||||
| Total equity | 144.5 | 147.8 | 148.5 | 156.2 | 160.4 | |||||
| Thereof minority interests | 9.0 | 9.6 | 6.9 | 10.8 | 13.8 | |||||
| Equity financing ratio | 68.4% | 66.8% | 66.5% | 68.1% | 68.0% |
ADDITIONAL KEY FIGURES
| 2020 | 2019 | 2018 | 2017 | 2016 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Cash flow from operating activities | 11.9 | 20.8 | 16.5 | 39.4 | 15.7 | |||||
| Change in net working capital 1) | 12.4 | 2.4 | 9.7 | –16.3 | 11.6 | |||||
| Minority insterests of net income for the periode | –2.1 | –2.4 | –2.9 | –1.6 | –1.5 | |||||
| Cash flow from operating activities adjusted | 22.2 | 20.8 | 23.3 | 21.4 | 25.8 | |||||
| Investment | 23.3 | 5.4 | 10.0 | 9.5 | 8.2 | |||||
| in tangible assets | 18.6 | 4.6 | 9.0 | 8.2 | 7.4 | |||||
| in intangible assets | 0.5 | 0.8 | 1.0 | 1.2 | 0.7 | |||||
| in other non-current assets | 4.2 | – | – | 0.1 | 0.1 | |||||
| Free Cash flow adjusted | –1.1 | 15.4 | 13.3 | 11.9 | 17.6 | |||||
| Full time equivalents FTE (annual average) | 572.0 | 639.0 | 807.0 | 867.0 | 881.0 | |||||
| Full time equivalents FTE (at 31.12.) | 581.0 | 627.0 | 691.0 | 884.0 | 910.0 | |||||
| ROCE (NOPAT/Capital Employed) 2) | 9.9% | 10.4% | 4.9% | 3.5% | 7.1% |
SHARE FIGURES
| in CHF | 2020 | 2019 | 2018 | 2017 | 2016 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Year-end share price | 107.00 | 99.50 | 87.50 | 112.80 | 125.00 | |||||
| Profit/Loss per share | 6.61 | 4.33 | –25.56 | 2.44 | 5.51 | |||||
| Profit/Loss per share before extraordinary result | 6.61 | 4.33 | 2.03 | 2.44 | 5.51 | |||||
| Dividend per share | 3.00 | 6.00 | 6.00 | 4.00 | 4.00 | |||||
| Yield on shares | 2.8% | 6.0% | 6.9% | 3.5% | 3.2% | |||||
| Dividend payout ratio before extraordinary result | 45.4% | 138.6% | 296.2% | 164.3% | 72.6% | |||||
| Price earnings ratio before extraordinary result | 16.2 | 23.0 | 43.2 | 46.3 | 22.7 | |||||
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1) Change in net working capital: Sum of change in trade accounts receivable, change in inventories, change in other receivables, change in trade accounts payables, change in other liabilities
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2) NOPAT: EBIT minus income tax expenses
Capital Employed: Average equity plus average interest-bearing liabilities plus average pension fund liabilities |
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