1. Segment information
| Chemistry | | Packaging | | Other/ Consolidation | | Remaining divisions | | Spun-off divisions (Paper) | | CPH Group total |
in CHF thousands | 2024 | | 2023 | | 2024 | | 2023 | | 2024 | | 2023 | | 2024 | | 2023 | | 2024 | | 2023 | | 2024 | | 2023 |
Net sales | 117 294 | | 124 169 | | 205 959 | | 237 331 | | - | | - | | 323 253 | | 361 500 | | 124 604 | | 262 482 | | 447 857 | | 623 982 |
EBITDA | 22 829 | | 22 060 | | 33 256 | | 42 861 | | ‑ 2 302 | | 30 | | 53 783 | | 64 951 | | ‑ 27 881 | | 37 054 | | 25 902 | | 102 005 |
EBITDA margin | 19.5 % | | 17.8 % | | 16.1 % | | 18.1 % | | | | | | 16.6 % | | 18.0 % | | ‑ 22.4 % | | 14.1 % | | 5.8 % | | 16.3 % |
EBIT | 14 885 | | 15 762 | | 26 577 | | 36 106 | | ‑ 2 302 | | 10 | | 39 160 | | 51 878 | | ‑ 31 482 | | 30 925 | | 7 678 | | 82 803 |
EBIT margin | 12.7 % | | 12.7 % | | 12.9 % | | 15.2 % | | | | | | 12.1 % | | 14.4 % | | ‑ 25.3 % | | 11.8 % | | 1.7 % | | 13.3 % |
Headcount (FTE) | 406 | | 283 | | 546 | | 551 | | 7 | | 7 | | 959 | | 841 | | n/a | | 354 | | 959 | | 1 195 |
Net sales for 2024 for the remaining divisions of Chemistry and Packaging were a decrease of 10.6 % on the prior year (or of 8.5 % at constant currency), owing to declines in materials costs. The net sales and earnings of the spun-off Paper Division are shown up to its separation on 25 June 2024.
EBIT for the spun-off Paper Division for 2024 was reduced by a CHF 22.3 million non-cash expense deriving from the spin-off. See also Note 34.
