RECORD RESULTS IN FIRST HALF OF 2021 – STRONG GROWTH IN SALES AND EBIT
Ad Hoc Announcement Pursuant to Article 53 of the SIX Exchange Regulation Listing Rules
RECORD RESULTS IN FIRST HALF OF 2021 – STRONG GROWTH IN SALES AND EBIT
Sales increase of 23.5% in local currencies
First-half sales at CHF 4,448.7 million (+23.1% in CHF)
Operating profit (EBIT) at CHF 685.9 million (+67.2%)
Record EBIT margin at 15.4%
Operating free cash flow increase at CHF 318.4 million (+26.4%)
Acquisition of Kreps (Russia), DriTac (USA), BR Massa (Brazil), and Hamatite (Japan)
Outlook for 2021 fiscal year
Growth in local currencies of 13%–17% (previously: double-digit sales growth in local currencies)
Over-proportional increase in EBIT, EBIT margin to reach 15% for the first time