Delivering record results

We reached a new level of financial performance based on our superior earnings profile, with industry-leading margins and a strong balance sheet.

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Note:

  • Free cash flow after leases 2022: before resolution with U.S. Department of Justice (DOJ)
  • Cash conversion 2022: before resolution with U.S. Department of Justice (DOJ)
  • EPS before impairment and divestments 2022: before resolution with U.S. Department of Justice (DOJ)

 

 

Record results in 2023

RECURRING EBIT
CHF BN

4.760 BN

+14.7% organic growth

RECURRING EBIT MARGIN
%

17.6 %

 

FREE CASH FLOW AFTER LEASES AND CASH CONVERSION
CHF BN

3.705 BN

Cash conversion 58%

LEVERAGE RATIO AND 
NET FINANCIAL DEBT

CHF BN

1.2 x

EPS1
CHF

5.42

EPS growth: 9.2%2

ROIC
%

10.6 %

 

All 2018 figures on pre-IFRS 16 basis

1 Before impairment and divestment 

2 Before resolution with U.S. Department of Justice (DOJ)

Growing in the most attractive markets

NET SALES BY MARKET3

78 %

MATURE MARKETS4

NET SALES BY PRODUCT PORTFOLIO

21 %

SOLUTIONS & PRODUCTS5

3 Net sales to external customers, excluding trading activities

4 Mature markets comprise North America, Europe and Oceania (Australia & New Zealand)

5 Net sales to external customers

LEARN MORE: DELIVERING RECORD RESULTS

FULL YEAR 2023 RESULTS: documents


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