Consolidated income statement
| | | | | | |
CHF million | January – June 2024 | | January – June 20231 | |
Revenue | 1 212.3 | 100.0% | | 1 102.6 | 100.0% | |
Material expenses2 | –531.6 | –43.8% | | –504.9 | –45.8% | |
Employee expenses | –365.3 | –30.1% | | –323.0 | –29.3% | |
Other expenses | –201.6 | –16.6% | | –200.9 | –18.2% | |
Other income3 | 14.2 | 1.2% | | 120.4 | 10.9% | |
EBITDA | 128.1 | 10.6% | | 194.3 | 17.6% | |
Depreciation, amortization and impairment4 | –62.3 | –5.1% | | –115.6 | –10.5% | |
EBIT | 65.8 | 5.4% | | 78.7 | 7.1% | |
Financial income | 2.6 | | | 2.9 | | |
Financial expenses | –18.7 | | | –17.0 | | |
Share of profit of associated companies | 0.5 | | | 0.7 | | |
Earnings before taxes | 50.2 | 4.1% | | 65.2 | 5.9% | |
Income taxes | –14.1 | | | –13.7 | | |
Net result | 36.1 | 3.0% | | 51.5 | 4.7% | |
attributable to shareholders of Autoneum Holding Ltd | 28.2 | | | 45.0 | | |
attributable to non-controlling interests | 7.9 | | | 6.5 | | |
| | | | | | |
Basic earnings per share in CHF5 | 4.86 | | | 9.21 | | |
Diluted earnings per share in CHF5 | 4.86 | | | 9.21 | | |
- 1 Revised, refer to note 3.
- 2 Material expenses include CHF 0.3 million (first half-year 2023: CHF –7.3 million) changes in inventories of finished goods and work in progress.
- 3 Other income includes a bargain purchase gain of CHF 102.7 million in the first half-year 2023.
- 4 Depreciation, amortization and impairment include impairment charges on tangible assets in the amount of CHF 53.9 million in the first half-year 2023.
- 5 Basic and diluted earnings per share for the first half-year 2023 were retrospectively adjusted from CHF 11.03 respective CHF 11.02 to CHF 10.49 to reflect the bonus element included in the rights issue in the second half-year 2023 and further revised to 9.21 for adjustments made during the measurement period as if the accounting for the acquisition of Borgers Automotive had been completed at the date of acquisition.
