Five-year Consolidated Data
| 2017 | 2018 | 2019 | 2020 | 2021 |
| (Restated)1 |
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CHF 1,000 |
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Statement of profit or loss |
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Sales | 548,559 | 593,795 | 636,819 | 730,879 | 946,623 |
Non-GAAP EBITDA | 104,625 | 110,322 | 122,761 | 159,106 | 204,561 |
Non-GAAP adjusted EBITDA | – | – | – | 156,531 | 214,497 |
Operating profit (EBIT) | 79,796 | 88,553 | 88,699 | 121,390 | 145,517 |
Financial result | (804) | (5,155) | (5,959) | (3,163) | (7,592) |
Income taxes | (13,062) | (12,702) | (9,571) | (14,542) | (16,266) |
Profit for the period | 65,930 | 70,696 | 73,169 | 103,685 | 121,659 |
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Research and development, gross | (51,069) | (51,086) | (59,857) | (62,043) | (71,867) |
Personnel expenses | (187,451) | (197,320) | (220,254) | (259,640) | (306,324) |
Depreciation of property, plant and equipment | (6,969) | (7,699) | (8,786) | (9,472) | (12,628) |
Depreciation of right-of-use assets2 | – | – | (10,513) | (10,915) | (12,232) |
Amortization of intangible assets | (16,723) | (14,070) | (14,541) | (15,056) | (34,184) |
Impairment losses | (1,137) | – | – | (2,051) | – |
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Balance sheet |
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Current assets | 602,194 | 596,048 | 615,499 | 777,986 | 671,859 |
Non-current assets | 201,767 | 261,623 | 324,274 | 330,641 | 1,324,326 |
Total assets | 803,961 | 857,671 | 939,773 | 1,108,627 | 1,996,185 |
Current liabilities | 153,142 | 163,470 | 157,286 | 225,018 | 306,374 |
Non-current liabilities | 100,698 | 81,792 | 123,420 | 149,958 | 464,916 |
Total liabilities | 253,840 | 245,262 | 280,706 | 374,976 | 771,290 |
Shareholders' equity | 550,121 | 612,409 | 659,067 | 733,651 | 1,224,895 |
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Statement of cash flows |
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Cash inflows from operating activities | 99,428 | 92,702 | 98,804 | 208,335 | 169,855 |
Capital expenditure in property, plant and equipment and intangible assets | (19,641) | (26,193) | (23,937) | (41,288) | (39,719) |
Acquisition of Paramit Group3 | – | – | – | – | (817,447) |
Acquisition of DCPM/PMAS3 | – | – | (20,846) | – | – |
Acquisition of NuGEN Technologies, Inc.3 | – | (43,805) | – | – | – |
Acquisition of Pulssar Technologies S.A.S.3 | (2,895) | – | – | – | – |
Acquisition of SPEware Group3 | – | (4,546) | (4,200) | – | – |
Dividends paid | (20,315) | (23,462) | (24,835) | (26,242) | (27,612) |
Proceeds from authorized share capital increase, net of transaction costs | – | – | – | – | 351,652 |
Net proceeds from the issuence of a bond | – | – | – | – | 249,445 |
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Other information |
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Number of employees (end of period) | 1,482 | 1,662 | 1,932 | 2,050 | 3,291 |
Number of employees (average) | 1,469 | 1,562 | 1,818 | 1,984 | 2,589 |
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Research and development in % of sales | 9.3% | 8.6% | 9.4% | 8.5% | 7.6% |
Sales per employee | 373 | 380 | 350 | 368 | 366 |
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Information per share |
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Basic earnings per share (CHF) | 5.67 | 6.02 | 6.18 | 8.69 | 9.95 |
Gross dividend (CHF)4 | 2.00 | 2.10 | 1.10 | 1.15 | 1.405 |
Payout from statutory capital contribution reserve (CHF)4 | 0.00 | 0.00 | 1.10 | 1.15 | 1.405 |
Total payout (CHF)4 | 2.00 | 2.10 | 2.20 | 2.30 | 2.805 |
Total payout ratio | 35.3% | 34.9% | 35.6% | 26.5% | 28.1% |
1 Restated due to introduction of IFRS 15
2 IFRS 16 introduced in 2019 (modified retrospective method)
3 Net of cash acquired
4 Payment is made in following year
5 Proposal to the Annual General Meeting of Shareholders on April 12, 2022
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