Consolidated income statement

January 1 – June 30

millions of CHF

 

Notes

 

2024

 

2023

Sales

 

2

 

1’699.3

 

1’601.6

Cost of goods sold

 

 

 

–1’126.2

 

–1’084.7

Gross profit

 

 

 

573.1

 

516.9

Selling and distribution expenses

 

 

 

–170.4

 

–166.7

General and administrative expenses

 

 

 

–186.0

 

–175.3

Research and development expenses

 

 

 

–36.9

 

–35.1

Net impairment release / (loss) on contract assets and trade accounts receivable

 

 

 

–0.9

 

2.6

Other operating income / (expenses), net

 

5

 

–8.7

 

9.1

Operating income (EBIT)

 

 

 

170.1

 

151.5

Interest and securities income

 

6

 

9.7

 

10.5

Interest expenses

 

6

 

–14.1

 

–16.1

Other financial income / (expenses), net

 

6

 

–7.3

 

–7.2

Share of profit / (loss) of associates and joint ventures

 

 

 

–2.1

 

–1.1

Income before income tax expenses

 

 

 

156.3

 

137.6

Income tax expenses

 

7

 

–38.9

 

–33.3

Net income

 

 

 

117.4

 

104.3

– thereof attributable to shareholders of Sulzer Ltd

 

 

 

116.6

 

103.9

– thereof attributable to non-controlling interests

 

 

 

0.8

 

0.3

 

 

 

 

 

 

 

Earnings per share (in CHF)

 

 

 

 

 

Basic earnings per share

 

 

 

3.44

 

3.07

Diluted earnings per share

 

 

 

3.40

 

3.03