Key Figures
Against record sales of CHF 1,998 million (+2.2 %) and new orders at a record CHF 2,221 million (+13.3 %), EBIT stands at CHF 106 million (–10.8 %) and profitability at 5.3 % (down from the previous year’s 6.1 %)....
Free cash flow saw positive development, rising from CHF –59 million to CHF 94 million. There was also an increase in the net financial position, from CHF 77 million to CHF 134 million. The Board of Directors proposes a dividend payment to the Confederation of CHF 30 million (2017: CHF 40 million).
Net sales
by application
(in %)
Year,Civil,Military 2018,56,44 2017,56,44
Net sales
by division
(in CHF million)
Year,Space,Aerostructures,Aviation,Ammotec,Defence 2017,365,256,515,397,358 2018,377,268,507,421,361
Net sales
by market
(in %)
Year,Switzerland, Europe, North America, Asia/Pacific, Rest of the world 2017,38,47,10,3,2 2018,38,50,8,3,1
Key figures in comparison
| in CHF million | 2018 | 2017 | Change in % |
|---|---|---|---|
| Order intake | 2221 | 1961 | 13.3 % |
| Order backlog | 1794 | 1607 | 11.6 % |
| Net sales | 1998 | 1955 | 2.2 % |
| Operating income | 2013 | 1990 | 1.2 % |
| Earnings before interest, taxes, depreciation and amortization (EBITDA) | 186 | 196 | –5.1 % |
| Earnings before interest and taxes (EBIT) | 106 | 119 | –10.8 % |
| Net profit | 74 | 89 | –17.7 % |
| Cash flow from operating activities | 176 | 88 | 101.0 % |
| Free cash flow | 94 | (59) | 259.8 % |
| Net financial position | 134 | 77 | 74.6 % |
| Research and development expenses | 179 | 181 | -0.8 % |
| Employees (FTE) as at 31 December incl. apprentices | 9127 | 9189 | -0.7 % |