Order intake
Net sales
In CHF million
Organic decline of 6.3 % in net sales after record high of previous year – book-to-bill rate of 0.97
Cash flow from operating activities of CHF 116 million – increase in net liquidity despite high investments
EBIT margin
2022
2023
At 9.1 %, EBIT margin remains within the medium-term target range
Slower momentum in Industry – marked drop in volumes in Communication – turnaround in Transportation confirmed by profitable growth
Net income
In CHF million
Net income margin of 7.6 % – dividend of CHF 1.70 proposed
Growth initiatives make positive contribution overall