Sales reached CHF590m (+14% and +11% at CER), operating income CHF208m (+10% and +3% at CER), net income CHF178m (+12% and +5%). The group upgraded its FY16 guidance from « low » to « high single-digit percentage core operating income growth, at constant exchange rates and barring unforeseen events ». The net cash position at the end of Q1 16 reached CHF472m.
21 Apr 2016
Very sound Q1 16 and very likely upgrade
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Very sound Q1 16 and very likely upgrade
Sales reached CHF590m (+14% and +11% at CER), operating income CHF208m (+10% and +3% at CER), net income CHF178m (+12% and +5%). The group upgraded its FY16 guidance from « low » to « high single-digit percentage core operating income growth, at constant exchange rates and barring unforeseen events ». The net cash position at the end of Q1 16 reached CHF472m.