Consolidated income statement

in CHF million

Notes

2024

%

2023

%

Net sales

2.2

3,031.1

100.0

3,073.0

100.0

Other operating income

2.3

35.5

37.9

Change in work in progress and finished goods

5.2

–14.8

Material expenses

–1,284.0

–1,318.7

Contribution margin

1,787.8

59.0

1,777.4

57.8

Personnel expenses

2.4

–854.2

–829.6

Other operating expenses

2.5

–453.8

–461.8

Depreciation on property, plant and equipment

3.4

–117.9

–117.0

Amortization of intangible assets

3.5

–11.7

–10.4

Total operating expenses

–1,437.6

–47.4

–1,418.8

–46.1

Operating profit (EBIT)

350.2

11.6

358.6

11.7

Financial result

2.6

–26.7

–8.3

Share of profit/(loss) from associates/joint ventures

2.8

1.9

Earnings before tax

326.3

10.8

352.2

11.5

Income taxes

2.7

–83.6

–83.7

Net income

242.7

8.0

268.5

8.7

Attributable to SFS shareholders

241.3

266.0

Attributable to non-controlling interests

1.4

2.5

Earnings per share in CHF basic and diluted

4.6

6.21

6.84