Net profit rose by 28.3% to CHF 75.3m. Earnings before interests and taxes (Ebit) amounted to CHF 109.0m, and the Ebit margin increased from 3.8% to 4.2%.
This clear improvement in earnings compared to the prior year can be attributed to a solid market performance and rigorous cost management.
In the current financial year, Emmi expects to maintain sales and secure a net profit margin of between 2.5% and 3.0%. The board of directors will propose to the general meeting on 12 May 2010 distribution of a dividend of CHF 3.00 per registered share, which represents an increase of 40 centimes.
Source: Emmi
© FoodBev Media Ltd 2024