Ad hoc: Key figures as of September 30, 2023
Ad hoc announcement pursuant to Art. 53 LR.
On track to deliver
- Order intake and revenue: growth despite challenging construction markets
- Operating profit Q3: EBIT margin 10.3%, adjusted EBIT margin 11.1%, significant year-on-year increase
- Net profit and earnings per share: significantly up
- Cash flow from operating activities: year-on-year uptake driven by improved operational performance
- Balanced global footprint limiting exposure to China’s construction downturn
- Strong foreign exchange headwinds
- Sharpened outlook for full year 2023
In the first nine months of 2023, both order intake and revenue increased in local currencies by 1.7% and 8.5% respectively to CHF 8 595 million and CHF 8 534 million despite a challenging market environment. Operating profit increased by 44.1% to CHF 892 million, corresponding to an EBIT margin of 10.5%. Net profit substantially improved to CHF 691 million, corresponding to a net profit margin of 8.1%. Cash flow from operating activities increased by 92.6% to CHF 724 million.
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Press Release
with key figures as of September 30, 2023