Consolidated income statement

January 1 – June 30

millions of CHF

Notes

2018

2017

Sales

3

1’604.2

1’428.5

Cost of goods sold

 

–1’108.0

–981.8

Gross profit

 

496.2

446.7

Selling and distribution expenses

 

–180.2

–166.9

General and administrative expenses

 

–185.0

–174.2

Research and development expenses

 

–42.6

–39.2

Other operating income and expenses, net

6

2.1

–11.1

Operating income

 

90.5

55.3

Interest and securities income

7

1.5

1.8

Interest expenses

7

–10.8

–6.4

Other financial income and expenses, net

7

4.4

–0.3

Share of profit and loss of associates

 

0.7

–0.4

Income before income tax expenses

 

86.3

50.0

Income tax expenses

8

–20.0

–12.4

Net income

 

66.3

37.6

attributable to shareholders of Sulzer Ltd

 

64.3

36.9

attributable to non-controlling interests

 

2.0

0.7

 

 

 

 

Earnings per share (in CHF)

 

 

Basic earnings per share

 

2.01

1.08

Diluted earnings per share

 

2.00

1.08