Key Financials 2020
Five-year Overview
in TCHF
Fiscal year |
2020 |
2019 |
2018 |
2017 |
2016 |
Net sales | 395,816 | 371,606 | 436,356 | 443,370 | 332,437 |
Operating income | 39,329 | 19,939 | 18,771 | 50,737 | 36,473 |
in % of net sales | 9.9% | 5.4% | 4.3% | 11.4% | 11.0% |
EBITA | 43’855 | 24,541 | 29,426 | 55,129 | 39,630 |
in % of net sales | 11.1% | 6.6% | 6.7% | 12.4% | 11.9% |
EBITDA | 58,616 | 39,974 | 42,966 | 63,203 | 47,699 |
in % of net sales | 14.8% | 10.8% | 9.8% | 14.3% | 14.3% |
Net income | 27,661 | 12,027 | 12,347 | 35,336 | 27,336 |
in % of net sales | 7.0% | 3.20% | 2.80% | 8.00% | 8.20% |
Operating cash flow | 57,045 | 48,688 | 27,727 | 38,353 | 33,179 |
in % of net sales | 14.4% | 13.10% | 6.40% | 8.70% | 10.00% |
Total assets | 429,271 | 391,710 | 380,266 | 389,789 | 344,908 |
Shareholders' equity | 214,956 | 195,948 | 198292 | 201,548 | 176,345 |
Equity ratio (% of total assets) | 50.1% | 50.0% | 52.1% | 51.7% | 51.1% |
Number of employees | |||||
Switzerland | 474 | 494 | 509 | 535 | 438 |
International | 929 | 836 | 837 | 900 | 792 |
Total |
1,403 |
1,330 |
1,346 |
1,435 |
1,230 |
Segments
2019
in TCHF |
Industrial X-Ray |
ebeam Technologies (EBT) |
Plasma Control Technologies (PCT) |
X-Ray Systems (IXS) |
Elimination of intersegment sales |
Corporate | Total Group | |
---|---|---|---|---|---|---|---|---|
Net sales | ||||||||
External sales | 65’045 | 15'481 | 151’734 | 139'346 | - | - | 371’606 | |
Intersegment sales | 13'095 | - | - | 205 | -13’301 | - | - | |
Total net sales | 78’141 | 15’481 | 151’734 | 139'551 | -13'301 | - | 371’606 | |
Earnings | ||||||||
Segment operating income/loss | 16'338 | -7’903 | 8’206 | 6’301 | -473 | - | 22’468 | |
Unallocated costs | - | - | - | - | - | -2’530 | -2’530 | |
Operating Income | 16’338 | -7’903 | 8’206 | 6’301 | -473 | -2’530 | 19’939 | |
Financing expenses | -6’738 | |||||||
Financing income | 2’162 | |||||||
Income before tax | 15’363 | |||||||
Income tax | -3’336 | |||||||
Net income | 12’027 | |||||||
EBITDA | 21’742 | -6’156 | 15’366 | 12’026 | -473 | -2'530 | 39’974 | |
EBITDA in % of sales | 27.8% | -39.8% | 10.1% | 8.6% | 10.8% | |||
Assets and liabilities | ||||||||
Segment assets | 82’941 | 16’801 | 109’507 | 112’813 | - | 69’648 | 391’710 | |
Segment liabilities | -15’610 | -6’164 | -31’904 | -66’320 | - | -75’764 | -195’762 | |
Net assets | 67’331 | 10’637 | 77’603 | 46’493 | - | -6’116 | 195’948 | |
Other segment information | ||||||||
Depreciation and amortization | 5’404 | 1’746 | 7’160 | 5’725 |
-
|
-
|
20’035 | |
Capital expenditure | 4’474 | 860 | 7’855 | 8’003 | - | - | 21’194 | |
Change in provisions | -152 | 151 | -2’080 | -482 | - | - | -2’563 | |
Other non-cash expense/income | -623 | 420 | 1'104 | -58 | 38 | 162 | 1'044 | |
Number of employees at year-end | 279 | 68 | 544 | 439 | - | - | 1'330 |
Segments
2018
in TCHF | Industrial X-Ray Modules (IXM) |
ebeam Technologies (EBT) |
Plasma Control Technologies (PCT) |
X-Ray Systems (IXS) |
Elimination of intersegment sales |
Corporate | Consolidated | |
---|---|---|---|---|---|---|---|---|
Net sales | ||||||||
External sales | 68,919 | 19,930 | 212,197 | 135,310 | - | - | 436,356 | |
Intersegment sales | 12,276 | 63 | - | 359 | -12,698 | - | - | |
Total net sales | 81,195 | 19,993 | 212,197 | 135,669 | -12,698 | - | 436,356 | |
Earnings | ||||||||
Segment operating income/loss | 16,126 | -28,223 | 38,367 | -5,190 | 278 | - | 21,358 | |
Unallocated costs | - | - | - | - | - | -2,587 | -2,587 | |
Operating Income | 16,126 | -28,223 | 38,367 | -5,190 | 278 | -2,587 | 18,771 | |
Financing expenses | -7,003 | |||||||
Financing income | 3,484 | |||||||
Income before tax | 15,251 | |||||||
Income tax | -2,905 | |||||||
Net income | 12,347 | |||||||
EBITDA | 20,680 | -19,853 | 43,479 | 969 | 278 | -2,587 | 42,966 | |
EBITDA in % of sales | 25.5% | -99.3% | 20,5% | 0.7% | 9,8% | |||
Assets and liabilities at Dec. 31, 2018 | ||||||||
Segment assets | 90,479 | 18,601 | 109,198 | 108,349 | - | 53,638 | 380,266 | |
Segment liabilities | -20,575 | -5,047 | -29,669 | -56,283 | - | -70,400 | -181,974 | |
Net assets | 69,904 | 13,554 | 79,529 | 52,066 | - | -16,762 | 198,292 | |
Other segment information | ||||||||
Depreciation and amortization | 4,555 | 8,370 | 5,112 | 6,159 |
-
|
-
|
24,195 | |
Capital expenditure | 13,990 | 3,140 | 13,357 | 2,468 | - | - | 32,956 | |
Change in provisions | -318 | -1,228 | 906 | 2,902 | - | - | 2,262 | |
Other non-cash expense/income | 1,150 | 508 | 315 | -69 | 43 | 1,177 | 3,125 | |
Number of employees at year-end | 314 | 77 | 535 | 420 | - | - | 1,346 | |
Restated for IFRS 16 (see note 2.2). |
Segments
2017
in TCHF | Industrial X-Ray Modules (IXM) |
ebeam Technologies (EBT) |
Plasma Control Technologies (PCT) |
X-Ray Systems (IXS) |
Elimination of intersegment sales |
Corporate | Total Group |
---|---|---|---|---|---|---|---|
Net sales | |||||||
External sales | 61,729 | 29,446 | 212,950 | 139,245 |
-
|
-
|
443,370 |
Intersegment sales | 17,080 |
33
|
-
|
548 | -17,661 |
-
|
-
|
Total net sales | 78,809 | 29,479 | 212,950 | 139,793 | -17,661 |
-
|
443,370 |
Earnings | |||||||
Segment operating income/loss | 14,401 | -18,411 | 52,541 | 4,615 | -743 |
-
|
52,403 |
Unallocated costs |
-
|
-
|
-
|
-
|
-1,666 | -1,666 | |
Operating income | 14,401 | -18,411 | 52,541 | 4,615 | -743 | -1,666 | 50,737 |
Financing expenses | -6,971 | ||||||
Financing income | 6,086 | ||||||
Income before tax | 49,852 | ||||||
Income tax | -14,516 | ||||||
Net income | 35,336 | ||||||
EBITDA | 17,963 | -16,206 | 55,676 | 8,179 | -743 | -1,666 | 63,203 |
EBITDA in % of sales | 22.8% | -55.0% | 26.1% | 5.9% | 14.3% | ||
Assets and liabilities | |||||||
Segment assets | 69,141 | 36,587 | 114,755 | 98,139 |
-
|
71,167 | 389,789 |
Segment liabilities | -20,614 | -13,682 | -31,788 | -48,731 |
-
|
-73,426 | -188,241 |
Net assets | 48,527 | 22,905 | 82,967 | 49,408 |
-
|
-2,259 | 201,548 |
Other segment information | |||||||
Capital expenditure | 12,472 | 4,264 | 20,803 | 3,968 |
-
|
-
|
41,507 |
Depreciation and amortization | 3,563 | 2,205 | 3,135 | 3,563 |
-
|
-
|
12,466 |
Change in provisions | -185 | 940 | 2,221 | -645 |
-
|
-118
|
2,213 |
Other non-cash expense/(income) | 1,522 | 564 | 997 | 192 |
-85
|
-653
|
2,537 |
Number of employees at year-end | 302 | 151 | 549 | 433 |
-
|
-
|
1,435 |
Segments
2016
in TCHF | Industrial X-Ray Modules (IXM) |
Plasma Control Technologies (PCT) |
X-Ray Systems (IXS) |
ebeam Technologies (EBT) |
Elimination of intersegment sales |
Corporate | Total Group |
---|---|---|---|---|---|---|---|
Net sales | |||||||
External sales | 57,120 | 137,586 | 120,851 | 16,879 |
-
|
-
|
332,437 |
Intersegment sales | 12,498 |
-
|
595 |
-
|
-13,093 |
-
|
-
|
Total net sales | 69,618 | 137,586 | 121,446 | 16,879 | -13,093 |
-
|
332,437 |
Earnings | |||||||
Segment operating income/loss | 13,079 | 27,772 | 8,676 | -10,991 | -194 |
-
|
38,342 |
Unallocated costs |
-
|
-
|
-
|
-
|
-1,870 | -1,870 | |
Operating income | 13,079 | 27,772 | 8,676 | -10,991 | -194 | -1,870 | 36,473 |
Financing expenses | -6,333 | ||||||
Financing income | 5,950 | ||||||
Income before tax | 36,090 | ||||||
Income tax | -8,754 | ||||||
Net income | 27,336 | ||||||
EBITDA | 16,475 | 30,919 | 11,460 | -9,091 | -194 | -1,870 | 47,699 |
EBITDA in % of sales | 23.7% | 22.5% | 9.4% | -53.9% | 14.3% | ||
Assets and liabilities | |||||||
Segment assets | 55,860 | 72,865 | 91,383 | 41,401 |
-
|
83,400 | 344,908 |
Segment liabilities | -13,262 | -21,337 | -36,454 | -17,398 |
-
|
-80,113 | -168,563 |
Net assets | 42,598 | 51,528 | 54,930 | 24,003 |
-
|
3,287 | 176,346 |
Other segment information | |||||||
Capital expenditure | 4,800 | 2,814 | 1,852 | 9,706 |
-
|
-
|
19,171 |
Depreciation and amortization | 3,396 | 3,147 | 2,783 | 1,900 |
-
|
-
|
11,226 |
Change in provisions | -18 | 688 | 736 | 545 |
-
|
-118 | 1,834 |
Other non-cash expense/(income) | -355 | -375 | 419 | 414 | 192 | -887 | -591 |
Number of employees at year-end | 285 | 407 | 389 | 149 |
-
|
-
|
1,230 |
Segments
2020
In thousands of CHF | Industrial X-Ray Modules (IXM) |
ebeam Technologies (EBT) |
Plasma Control Technologies (PCT) |
X-Ray Systems (IXS) |
Elimination of intersegment sales | Corporate | Consolidated |
Net sales |
|||||||
External net sales | 50,052 | 14,598 | 224,718 | 106,449 | — | — | 395,816 |
Intersegment sales | 11,351 | — | — | 314 | -11’665 | — | — |
Total net sales | 61,403 | 14,598 | 224,718 | 106,762 | -11,665 | — | 395,816 |
Earnings |
|||||||
Segment operating income/(loss) |
3,997 | 2,242 | 41’781 | -6’677 | 156 | — | 41,498 |
Unallocated costs | — | — | — | — | — | -2,169 | -2,169 |
Operating income | 3,997 | 2,242 | 41’781 | -6’677 | 156 | -2,169 | 39,329 |
Financing expenses | -8,657 | ||||||
Financing income | 2,816 | ||||||
Income before tax | 33,487 | ||||||
Income tax | -5,827 | ||||||
Net income | 27,661 | ||||||
EBITDA | 8,956 | 3,344 | 49,338 | -1,009 | 156 | -2,169 | 58,616 |
EBITDA in % of sales | 14.6% | 22.9% | 22.0% | -0.9% | 14.8% | ||
Assets and liabilities at Dec. 31, 2020 |
|||||||
Segment assets | 83,828 | — | 129,908 | 124,183 | — | 91,351 | 429,271 |
Segment liabilities | -16,793 | — | -44,235 | -86,261 | — | -67,025 | -214’315 |
Net assets | 67,035 | — | 85,673 | 37,923 | — | 24,326 | 214’956 |
Other segment information |
|||||||
Depreciation and amortization | 4,959 | 1,102 | 7,557 | 5,669 | — | — | 19,287 |
Capital expenditure | 3,669 | 254 | 11,823 | 11,369 | — | — | 27,115 |
Change in provisions | -35 | -364 | 700 | -353 | — | — | -52 |
Other non-cash expense/(income) | 359 | -102 | 646 | -495 | 14 | 1,438 | 1,860 |
Number of employees at year end | 293 | — | 679 | 431 | — | — | 1,403 |