Total net sales were 15.1 % (CHF 79.5 million) below their prior-year level, or 10.7 % (CHF 59.8 million) down based on prior-year currency exchange rates and excluding acquisitions. The impact of currency movements amounted to –4.4 % (CHF –19.7 million) while, as in 2019, acquisitions and disposals had no impact on net sales results. Average Swiss-franc currency exchange rates were down 3.7 % against the euro and down 5.6 % against the US dollar.