Sales

+9.5%
Currency adjusted sales growth
in 2011
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At a glance
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At a glance

Operating cashflow margin
(EBITDA margin)

25.1%
Above mid-term target corridor
of 23 to 25%

Free cashflow
(in CHF)

386.0 mio.
22% below prior year’s record level
At a glance

Earnings per share
(in CHF)

9.82
-4.8% versus prior year

Payout ratio

63.7%
The payout ratio is in the upper range of the target corridor
of 50 to 70%
At a glance

Expenditures for property, plant and equipment (in CHF)

92.6 mio.
+15% versus prior year

R&D expenditures
(in CHF)

48.4 mio.
+4.2 million versus prior year
At a glance

Sales
(in CHF)

≈ 230 mio.
negative currency effects

Operating profit (EBIT)
(in CHF)

≈ 55 mio.
negative currency effects
At a glance