Key figures

in CHF thousand	2018	2017	2016	2015	2014
Net sales	533 543	469 767	434 835	420 046	492 463
Earnings before interest, taxes, depreciation and amortization (EBITDA)	83 121	33 761	36 935	12 222	50 835
in % of net sales	15.6	7.2	8.5	2.9	10.3
Earnings before interest and taxes (EBIT)	51 633	2 901	5 891	− 21 818	16 037
in % of net sales	9.7	0.6	1.4	− 5.2	3.3
Financial result	− 5 976	− 6 604	− 5 066	− 12 101	− 5 621
Earnings before taxes and extraordinary items	45 657	− 3 703	825	− 33 919	10 416
Net result for the year ¹⁾	42 280	16 187	− 7 714	− 33 123	10 502
in % of net sales	7.9	3.4	− 1.8	− 7.9	2.1
in % of equity	10.4	4.1	− 2.0	− 8.2	2.4
in % of total capital	5.3	2.3	− 1.1	− 5.3	1.5
Cash flow	68 961	14 467	28 271	7 183	40 795
Investments in tangible assets (gross)	22 299	32 314	20 720	21 922	19 170
Free cash flow	18 274	12 857	1 938	1 355	430
Balance sheet total ¹⁾	800 469	697 552	672 427	623 955	688 388
Fixed assets	447 172	455 307	450 304	436 922	455 987
in % of balance sheet total	55.9	65.3	67.0	70.0	66.2
Equity	407 144	396 245	380 782	402 706	442 003
in % of balance sheet total	50.9	56.8	56.6	64.5	64.2
Net cash	− 56 890	− 73 071	− 82 099	− 80 175	− 75 380
Personnel at year-end	1 081	1 019	985	858	860

1) Including minorities

1) All information restated in view of the 1:20 share split of 10 April 2015

2) Based on consolidated financial statements; excluding minorities

3) For 2018: Board’s recommendation to the 2019 Ordinary General Meeting