date:Mar 27, 2014
CHF 15.9 million). Adjusted for this effect, EBIT grew by 9.4 % to CHF 160 million and net profit rose by 8.1 % to CHF 98 million. This resulted in an unchanged EBIT margin of 4.9 % and an unchanged net profit margin of 3.0 %.
Sales and EBIT were therefore slightly below the advised range of sales growth of 8 % to 10 % and EBIT of between CHF 140 million and CHF 155 million.
Urs Riedener, CEO, explained: After a subdued first half, Emmi put on a real spurt in the home straight. Thanks to the p