Multi-year comparison
| 2023 | 2022 | 2021 | 2020 | 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||||
| Revenues | CHF mn | 982.5 | 925.2 | 957.4 | 935.8 | 1 079.5 | ||||||
| Growth | 2.6% | –3.4% | 2.3% | –13.3% | 6.8% | |||||||
| Operating income / (loss) before depreciation and amortisation (EBITDA) | CHF mn | 211.0 | 123.8 | 177.7 | 130.6 | 196.8 | ||||||
| Growth | 70.4% | –30.3% | 36.0% | –33.6% | –4.4% | |||||||
| Margin 1 | 21.5% | 13.4% | 18.6% | 14.0% | 18.2% | |||||||
| Operating income / (loss) before effects of business combinations (EBIT b. PPA) | CHF mn | 122.6 | 56.0 | 127.9 | 83.3 | 155.2 | ||||||
| Growth | 119.0% | –56.2% | 53.5% | –46.3% | –13.5% | |||||||
| Margin 1 | 12.5% | 6.0% | 13.4% | 8.9% | 14.4% | |||||||
| Operating income / (loss) (EBIT) | CHF mn | 71.0 | 5.9 | 63.3 | (70.9) | 70.4 | ||||||
| Growth | 1106.3% | –90.7% | –189.3% | –200.6% | –46.5% | |||||||
| Margin 1 | 7.2% | 0.6% | 6.6% | –7.6% | 6.5% | |||||||
| Net income / (loss) (EAT) | CHF mn | 60.4 | (4.0) | 832.7 | (94.6) | 97.8 | ||||||
| Growth | –1600.2% | –100.5% | –979.8% | –196.8% | –24.5% | |||||||
| Margin 1 | 6.1% | –0.4% | 87.0% | –10.1% | 9.1% | |||||||
| Segment share of total revenues with third parties | ||||||||||||
| TX Markets | 13.6% | 15.1% | 21.4% | 21.3% | – | |||||||
| Goldbach | 23.5% | 16.2% | 12.4% | 11.5% | – | |||||||
| 20 Minuten | 11.7% | 11.7% | 12.1% | 11.1% | – | |||||||
| Tamedia | 43.5% | 48.2% | 46.3% | 47.9% | – | |||||||
| Group & Ventures | 7.6% | 8.8% | 7.8% | 8.2% | – | |||||||
| Employee key data | ||||||||||||
| Number of employees (FTE) 2 | Number | 3 529 | 3 380 | 3 627 | 3 632 | 3 662 | ||||||
| Revenue per employee | CHF 000 | 278.4 | 273.7 | 264.0 | 257.6 | 294.8 | ||||||
| Balance sheet | ||||||||||||
| Current assets | CHF mn | 628.8 | 748.2 | 859.0 | 606.1 | 627.5 | ||||||
| Non-current assets | CHF mn | 2 800.3 | 2 625.2 | 2 904.4 | 2 145.6 | 2 328.0 | ||||||
| Total assets | CHF mn | 3 429.1 | 3 373.4 | 3 763.4 | 2 751.6 | 2 955.5 | ||||||
| Liabilities | CHF mn | 852.5 | 740.1 | 783.3 | 755.2 | 779.8 | ||||||
| Equity | CHF mn | 2 576.6 | 2 633.3 | 2 980.1 | 1 996.4 | 2 175.7 | ||||||
| Cash flow | ||||||||||||
| Cash flow from / (used in) operating activities | CHF mn | 197.8 | 110.1 | 160.6 | 128.1 | 169.2 | ||||||
| Cash flow from / (used in) investing activities | CHF mn | (46.1) | (77.7) | 66.2 | (11.8) | 202.6 | ||||||
| Cash flow after investing activities in property, plant and equipment and intangible assets (FCF b. M&A) | CHF mn | 161.7 | 79.6 | 130.1 | 94.5 | 146.8 | ||||||
| Cash flow after investing activities (FCF) | CHF mn | 151.7 | 32.4 | 226.8 | 116.3 | 371.8 | ||||||
| Cash flow from / (used in) financing activities | CHF mn | (179.7) | (151.5) | (65.6) | (131.4) | (225.9) | ||||||
| Change in cash and cash equivalents | CHF mn | (29.0) | (120.2) | 160.3 | (15.0) | 145.3 | ||||||
| Financial key data | ||||||||||||
| Equity ratio 3 | 75.1% | 78.1% | 79.2% | 72.6% | 73.6% | |||||||
| Return on equity 4 | 2.3% | –0.2% | 27.9% | 4.5% | 4.5% | |||||||
| Net liquidity / (net debt) 5 | 23.9 | 140.1 | 302.8 | 182.9 | 206.9 | |||||||
| Debt factor 6 | x | – | – | – | – | – | ||||||
| Key figures per share | ||||||||||||
| Net income / (loss) per share (undiluted) | CHF | 2.30 | (4.16) | 75.68 | (10.61) | 6.11 | ||||||
| Dividends per share | CHF | 6.20 7 | 4.5 | 7.4 | – | 3.5 | ||||||
| Dividend yield 8 | 5.2% | 3.0% | 4.7% | 0.0% | 3.7% | |||||||
| Price / earnings ratio 8 | x | 51.9 | (35.9) | 2.1 | (6.7) | 15.3 | ||||||
| Share price | CHF | 119.60 | 149.40 | 156.40 | 70.80 | 93.70 | ||||||
| Market capitalisation | CHF mn | 1 266.7 | 1 583.6 | 1 656.9 | 750.1 | 992.8 | ||||||
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1 As a percentage of revenue
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2 Average number of employees, excluding employees in associates / joint ventures.
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3 Equity to total assets.
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4 Net income / (loss) including non-controlling interests to shareholders' equity as of 31.12.
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5 Current and non-current financial liabilities.
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6 Net debt to cash flow from / (used in) operating activities.
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7 Proposed by the Board of Directors.
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8 Based on year-end price
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