Five-year Overview
in TCHF

In thousands of CHF

2021

 

2020

2019

2018

2017

             
Net sales 513’721   395’816 371’606 436’356 443’370
Operating income 84’085   39’329 19’939 18’771 50’737
In % of net sales 16.4%   9.9% 5.4% 4.3% 11.4%
EBITA 87’664   43’855 24’541 29’426 55’129
In % of net sales 17.1%   11.1% 6.6% 6.7% 12.4%
EBITDA 102’749   58’616 39’974 42’966 63’203
In % of net sales 20.0%   14.8% 10.8% 9.8% 14.3%
Net income 67’437   27’661 12’027 12’347 35’336
In % of net sales 13.1%   7.0% 3.2% 2.8% 8.0%
Operating cash flow 70’489   57’045 48’688 27’727 38’353
In % of net sales 13.7%   14.4% 13.1% 6.4% 8.7%
Total assets 490’415   429’271 391’710 380’266 389’789
Shareholders' equity 274’981   214’956 195’948 198’292 201’548
In % of total assets 56.1%   50.1% 50.0% 52.1% 51.7%
-- Number of employees (year-end) --
           
Switzerland 565   474 494 509 535
International 1’006   929 836 837 900
Total 1’571   1’403 1’330 1’346 1’435

Segments 
2019

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 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 
2020

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
 
 

Segments 
2021

In thousands of CHF

Plasma Control

Technologies

(PCT)

X-Ray

Systems

(IXS)

Industrial X-Ray

Modules

(IXM)

ebeam

Technologies

(EBT)

Elimination of intersegment sales

Corporate

Consolidated

Net sales

             
External net sales 306’091 138’371 69’259 513’721
Intersegment sales 535 9’687 -10’222
Total net sales 306’091 138’906 78’946 -10’222 513’721

Earnings

             
Segment operating
income
71’864 3’634 10’548 294 86’340
Unallocated costs                 —                 — -2’255 -2’255

Operating income

71’864 3’634 10’548 294 -2’255 84’085
Financing expenses             -5’106
Financing income             3’229
Income before tax             82’208
Income tax             -14’771

Net income

            67’437
               

EBITDA

80’487 8’931 15’292                 — 294 -2’255 102’749
EBITDA in % of net sales 26.3% 6.4% 19.4%       20.0%
               

Assets and liabilities at Dec. 31, 2021

             
Segment assets 153’907 116’142 85’470 134’897 490’415
Segment liabilities -50’890 -75’497 -20’290 -68’757 -215’435

Net assets

103’017 40’645 65’180 66’140 274’981

Other segment information

             
Expenditure for right-of-use asset 1’165 861 1’597 3’623
Expenditure for property, plant and equipment & intangible assets 6’586 1’870 3’011 11’467
Depreciation, amortization and impairment 8’622 5’297 4’744 18’663
Change in provisions 262 -1’887 77 -1’549
Other non-cash expense/(income) -203 -293 -47 24 400 -119
Number of employees at year end 826 435 310 1’571