Lindt & Sprüngli Group Financial Key Data

 

 

 

 

2023

 

2022

 

2021

 

2020

 

2019

Income Statement

 

 

 

 

 

 

 

 

 

 

 

 

Sales

 

CHF million

 

5,201.2

 

4,970.2

 

4,585.5

 

4,016.8

 

4,509.0

EBITDA

 

CHF million

 

1,093.9

 

1,017.7

 

921.5

 

696.1

 

915.8

in % of sales

 

%

 

21.0

 

20.5

 

20.1

 

17.4

 

20.3

EBIT

 

CHF million

 

813.1

 

744.6

 

644.9

 

420.3

 

593.01

in % of sales

 

%

 

15.6

 

15.0

 

14.1

 

10.5

 

13.21

Net income

 

CHF million

 

671.42

 

569.7

 

490.5

 

320.1

 

511.9

in % of sales

 

%

 

12.92

 

11.5

 

10.7

 

8.0

 

11.4

in % of average shareholders’ equity

 

%

 

15.5

 

11.8

 

10.0

 

6.9

 

11.2

Depreciation, amortization and impairment

 

CHF million

 

280.8

 

273.1

 

276.6

 

275.8

 

322.8

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance Sheet

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

CHF million

 

7,860.0

 

7,945.1

 

8,956.1

 

8,051.0

 

8,040.8

Current assets

 

CHF million

 

2,609.0

 

2,889.8

 

3,024.8

 

2,953.9

 

2,975.7

in % of total assets

 

%

 

33.2

 

36.4

 

33.8

 

36.7

 

37.0

Non-current assets

 

CHF million

 

5,251.0

 

5,055.3

 

5,931.3

 

5,097.1

 

5,065.1

in % of total assets

 

%

 

66.8

 

63.6

 

66.2

 

63.3

 

63.0

Non-current liabilities

 

CHF million

 

1,759.4

 

1,967.2

 

2,246.8

 

2,164.4

 

1,680.9

in % of total assets

 

%

 

22.4

 

24.8

 

25.1

 

26.9

 

20.9

Shareholders’ equity

 

CHF million

 

4,257.6

 

4,400.6

 

5,223.6

 

4,606.3

 

4,670.2

in % of total assets

 

%

 

54.2

 

55.4

 

58.3

 

57.2

 

58.1

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash Flow

 

 

 

 

 

 

 

 

 

 

 

 

Operating cash flow

 

CHF million

 

778.6

 

756.0

 

826.8

 

787.6

 

830.9

in % of sales

 

%

 

15.0

 

15.2

 

18.0

 

19.6

 

18.4

CAPEX in PPE/intangible assets/
right-of-use assets3

 

CHF million

 

301.8

 

229.9

 

240.8

 

249.1

 

235.2

in % of operating cash flow

 

%

 

38.8

 

30.4

 

29.1

 

31.6

 

28.3

 

 

 

 

 

 

 

 

 

 

 

 

 

Employees

 

 

 

 

 

 

 

 

 

 

 

 

Average number of employees

 

 

 

14,746

 

14,466

 

14,135

 

13,557

 

14,621

Sales per employee

 

TCHF

 

352.7

 

343.6

 

324.4

 

296.3

 

308.4

1

Includes one-off effects of CHF 81.6 million in 2019. Without these effects the EBIT amounts to CHF 674.6 million and the EBIT-margin to 15.0%.

2

Includes a one-time positive tax impact of CHF 69.7 million, driven by the Swiss tax reform (“STAF”) and herewith related recognition of deferred tax assets. Without this impact the Net income would have amounted to CHF 601.7 million and the Net income margin would be at 11.6%. For more information refer to Note 12 “Taxes”.

3

The position “CAPEX in right-of-use assets” consists of payments made before lease inception, which are disclosed within the cash flow from investment activities.