Key figures of the HOCHDORF Group

CHF 1,000 2017 2016 2015 2014 2013
           
Processed milk and whey in tonnes 650,017 741,770 761,240 506,963 454,647
Quantities produced including cream in tonnes 186,845 236,179 241,754 99,720 89,631
Turnover (net revenue from goods and services) 600,527 541,606 543,688 420,353 374,883
         
Earnings before interest, taxes, depreciation, and amortisation (EBITDA)          
55,719 33,360 30,455 27,197 18,099
As % of production revenue 9.2% 6.1% 5.6% 6.4% 4.9%
         
Earnings before interest and taxes (EBIT) 42,616 22,464 20,146 20,016 10,298
As % of production revenue 7.1% 4.1% 3.7% 4.7% 2.8%
         
Earnings before taxes 45,856 22,377 15,137 17,849 6,328
As % of production revenue 7.6% 4.1% 2.8% 4.2% 1.7%
         
Net profit 40,846 19,406 13,024 16,139 6,063
As % of production revenue 6.8% 3.6% 2.4% 3.8% 1.6%
         
Personnel expenses 50,100 47,796 46,227 34,802 31,720
As % of production revenue 8.4% 8.8% 8.5% 8.2% 8.5%
         
Depreciation of tangible assets 12,336 10,386 9,972 6,782 7,086
as % of average net cash position 5.1% 5.6% 6.2% 6.1% 6.5%
         
Investments in fixed assets 84,788 42,217 22,211 16,952 3,957
as % of production revenue 14.0% 7.8% 4.1% 4.0% 1.1%
           
Earned Capital 56,035 32,213 24,870 25,310 18,126
in % of net sales revenue 9.3% 5.9% 4.6% 6.0% 4.9%
         
Cash flow from operating activities (cash flow) 6,019 24,227 19,011 20,546 18,196
as % of net sales revenue 1.0% 4.5% 3.5% 4.9% 4.9%
         
Free cash flow (loss) -84,078 -33,519 -3,736 -11,903 13,846
Equity ratio 53.1% 10.8% 56.6% 43.2% 42.6%
Interest cover (EBIT/interest expenses net) 32.3 19.2 11.0 8.6 3.1
Number of shares, outstanding, in units 1,434,760 1,434,760 1,434,760 1,070,922 900,000
Earnings per share in CHF 18.43 14.12 11.73 17.45 6.95
Earned Capital per share in CHF 39.06 22.45 17.33 23.63 20.14
Dividend 40% 38% 37% 37% 32%
Payout ratio 21.51% 27.35% 39.26% 24.55% 47.50%
Share price as at 31.12. in CHF 286.25 309.75 168.70 138.00 104.00
Dividend return 1.40% 1.23% 2.19% 2.68% 3.08%
Price/earnings (P/E) ratio 15.5 21.9 14.4 7.9 15.0
Market capitalisation 410,700 444,417 242,044 147,787 93,600
Staffing levels as at 31.12. 695 633 625 573 362