date:Jul 26, 2021
red to 23.7 percent in 2020.
The companys operating income increased to CHF 613 million (US$665 million), compared to CHF 532 million (US$577.2 million) in 2020. When measured in local currency terms, the operating income increased by 17.3 percent. The operating margin increased to 18.2 percent in 2021 from 16.5 percent in 2020.
The net income for the first six months of 2021 was CHF 481 million (US$521.9 million) compared to CHF 413 million (US$477.9 million) in 2020, an increase of 16.3 perc