Consolidated income statement
CHF million | Notes | 2023 | 2024 |
|---|---|---|---|
Sales | 1 418.6 | 859.1 | |
Cost of sales | – 1 038.3 | – 595.7 | |
Gross profit | 380.3 | 263.4 | |
Research and development expenses | – 76.8 | – 50.0 | |
Selling, general, and administrative expenses | – 234.9 | – 203.4 | |
Other income | 103.2 | 37.6 | |
Share in profit of associated companies1 | 3.1 | 2.9 | |
Other expenses | – 70.1 | – 22.5 | |
Operating result before interest and taxes (EBIT)1 | 104.8 | 28.0 | |
Financial income | 1.8 | 2.0 | |
Financial expenses | – 16.0 | – 13.5 | |
Profit before taxes | 90.6 | 16.5 | |
Income taxes | – 16.6 | – 6.1 | |
Net profit | 74.0 | 10.4 | |
Attributable to shareholders of Rieter Holding Ltd. | 74.0 | 10.5 | |
Attributable to non-controlling interests | 0.0 | – 0.1 | |
Basic earnings per share (CHF) | 16.48 | 2.33 | |
Diluted earnings per share (CHF) | 16.47 | 2.33 |
1The comparative period (2023) has been adjusted retrospectively as a result of the reclassification of the share in profit of associated companies from financial result to the operating result (see note 1.3).
Notes are an integral part of the consolidated financial statements.