Financial report

Financial highlights

Revenue of CHF 414.1 million compared to revenues of CHF 333.5 million, an increase of 24.2% (at constant exchange rates: 26.9%)
Gross profit (adjusted) of CHF 193.9 million compared to CHF 150.9 million, an increase of 28.5%, and equivalent to an adjusted gross margin of 46.8% versus 45.3%, plus 150 bps
EBITDA (adjusted) of CHF 72.1 million, compared to CHF 42.2 million
EBIT (adjusted) of CHF 35.1 million, compared to CHF 18.0 million
Net profit (adjusted) before minority interests of CHF 22.9 million, compared to
CHF 2.9 million
Cash flow from operating activities of CHF 97.7 million, compared to CHF 39.5 million
Free cash flow of CHF 56.0 million (CHF 54.9 million before acquisitions), compared to CHF -16.5 million
CHF 83.7 million of cash and cash equivalents at 31 December 2021, compared to
CHF 93.8 million at 31 December 2020
Repaid the 1.625% CHF 60 million bond (maturing date 27 April 2021) in its entirety using existing cash