date:Mar 26, 2020
.4 percent.
Operating cash flow rose +27.5 percent to CHF 830.9 million. The balance sheet is debt free on a cash basis, and with an equity ratio of 58.1 percent is very solid.
The one-off effects for the reorganisation of the North America business did not have an impact on the result at net profit level, nor subsequently on earnings per share. This is because the two effects at the level of EBIT and taxes, in the net amount of CHF 59 million each, offset each other.
Outlook
For the coming y