immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Betriebsergebnis

  • Strategy presented for increasing operating result by 2030

    Strategy presented for increasing operating result by 2030

    BKW presented its Solutions 2030 strategy on 8 November. According to a press release, this strategy aims to increase the operating result before interest and taxes to CHF 1 billion by 2030. according to the annual report, the operating result in 2023 was CHF 620.3 billion.

    The operating result for the Energy Solutions division is set to rise to CHF 650 million. in 2023 it was 534.6 million. The result for the Grids division is expected to be CHF 150 million in 2030 (2023: CHF 146.7 million). The strongest growth is targeted in the area of infrastructure and building solutions. in 2023, the result should be CHF 200 million, with a loss of CHF 40 million in 2023. General planning in infrastructure and building construction as well as building technology solutions are to be expanded and profitability steadily increased.

    The Bern-based energy supplier plans to invest CHF 4 billion to achieve this, at least half of it in Switzerland. The investments are to be financed from free cash flow, which is expected to total over CHF 5 billion during this period.

    “With the comprehensive further development of the strategy, BKW is supporting its customers even more strongly in the transformation of the energy system with forward-looking solutions”, BKW Chairman of the Board of Directors Roger Baillod is quoted as saying in the press release. CEO Robert Itschner emphasises the breadth of the targeted growth: “All of BKW’s business areas will contribute to achieving these goals. BKW is investing in its strong Swiss base and growing in other European countries in a targeted manner.”

    BKW aims to reduce its net greenhouse gas emissions to zero by 2040.

  • Mobimo posts profit increase

    Mobimo posts profit increase

    Mobimo Holding AG achieved an operating result at EBIT level including revaluations of CHF 83.3 million in the first half of 2024, the Lucerne-based real estate company announced in a press release. This corresponds to a year-on-year increase of 63.9 percent. Excluding revaluations, EBIT rose from CHF 60.1 million to CHF 61.3 million. Mobimo attributes this positive development to consistently strong rental success and a strengthened development and promotion business.

    At CHF 65.6 million, net profit including revaluations was 91.5 percent higher than in the same period of the previous year. This was due to a gain from the sale of a non-consolidated stake in Parking Saint-Francois SA in Lausanne. Excluding revaluations, profit increased year-on-year from CHF 43.1 million to CHF 47.8 million.

    At 62.5 million, rental income was 3.0 percent below the previous year’s figure. Excluding special effects of CHF 3 million recognized in the first half of 2023, however, rental income increased by 2.5 percent, Mobimo explains. This leads to growth in net rental income of 2.0 percent on an adjusted basis.

    The value of the real estate portfolio amounted to CHF 3.7 billion at the end of June, compared with CHF 3.6 billion at the end of 2023. In July, Mobimo also acquired six buildings with a total of 41 apartments in Dielsdorf ZH from an institutional investor.

  • Georg Fischer raises the bar

    Georg Fischer raises the bar

    Georg Fischer maintained its sales in the 2023 financial year at the previous year’s level of CHF 4.0 billion, the globally active industrial corporation from Schaffhausen announced in a press release. At CHF 389 million, the comparable operating result at EBIT level was also close to the previous year’s figure. At 235 million francs, the Group result was 41 million francs lower than in 2022. The dividend is to be maintained at the previous year’s level of CHF 1.30 per share.

    “GF achieved a strong performance in a year characterised by numerous challenges, but also opportunities and the acquisition of Uponor as an outstanding milestone,” GF CEO Andreas Müller is quoted as saying in the press release. “All GF divisions have created the basis for achieving their strategic goals, focussing on operational excellence and driving the company forward on its path to becoming a sustainability and innovation leader.”

    Uponor, which was acquired in the reporting year, contributed to sales and operating profit from the time of full consolidation at the beginning of November. With the acquisition of the Finnish specialist for piping systems, GF believes it has set the course for future growth. The Corporation is therefore raising the targets set out in its Strategy 2025. The sales target has been raised from CHF 4.4 to 5.0 billion to CHF 5.0 to 5.5 billion. The EBIT margin range will be raised from 9 to 11 per cent to 10 to 12 per cent. In the year under review, GF realised a comparable EBIT margin of 9.7 percent.

  • Holcim looks back on an excellent half year

    Holcim looks back on an excellent half year

    Holcim generated sales of CHF 13.07 billion in the first half of 2023, the globally active Zug-based building materials group informed in a statement. This corresponds to a year-on-year decline of 11.0 percent. On an organic basis, growth of 7.4 percent was achieved, Holcim writes.

    Holcim reported a recurring operating result at EBIT level of CHF 2.04 billion for the reporting period. In the same period of the previous year, the figure was CHF 2.17 billion. The organic growth is put at 13.4 percent in the statement. The margin on operating profit increased by 0.8 percentage points year-on-year to 15.6 per cent. In the second quarter of 2023, a margin of 21.1 per cent was realised. Earnings per share increased by 15.3 per cent year-on-year to a record 2.19 Swiss francs. The company describes the first-half results as “outstanding”.

    “We are on track to achieve industry-leading margins in the 2023 financial year,” Jan Jenisch, Holcim’s chairman and CEO, was quoted as saying in the statement. “This confirms Holcim’s strong position in all markets where our leading sustainable construction solutions and brands deliver above-average profitability and growth.”

    In the half year under review, Holcim invested CHF 1.8 billion in 18 acquisitions. In addition, the company continued its expansion in the North American market, the statement said. According to it, Holcim has already been awarded more than 70 infrastructure projects in the US for the period 2023 to 2026.

  • Increased costs reduce Forbo's profitability

    Increased costs reduce Forbo's profitability

    According to a statement from Forbo , the internationally active manufacturer of floor coverings, construction adhesives, as well as drive and light conveyor technology from Baar, generated sales totaling CHF 667.3 million in the first half of 2022. In a year-on-year comparison, this corresponds to growth of 7.1 percent. The company attributes the increase primarily to the increase in sales prices. Forbo writes that the demand from many customer segments has now “leveled out at a pre-pandemic level”.

    The company suffered declines in operating and net income. "Negative currency effects, significant increases in the cost of raw materials, transport and energy, as well as increased personnel and other costs have significantly reduced operating profitability," the statement said. At CHF 78.6 million, the operating result at EBIT level was 4.3 percent lower than in the previous year, and the corresponding margin fell by 1.4 percentage points to 11.8 percent. At CHF 60.3 million, consolidated profit was 5.0 percent below the previous year's figure.

    Due to volatile markets and "a difficult geopolitical and financial situation", Forbo does not make any estimates regarding sales and earnings for the year as a whole. However, the company sees itself well prepared for the upcoming challenges.

  • Mobimo is defying the pandemic

    Mobimo is defying the pandemic

    Mobimo generated an operating result (EBIT) of CHF 145.8 million in the 2020 financial year, the real estate company informed in astatement . Excluding revaluation effects, the operating result was CHF 111.5 million. In the previous year, the corresponding values were CHF 134.0 million and CHF 82.5 million, respectively.

    The development and sale of properties proved to be growth drivers in the year under review. The year-on-year success here had risen from CHF 3.0 million to CHF 36.8 million. The revaluation gain, however, fell year-on-year from CHF 51.5 million to CHF 34.3 million. Mobimo writes that it was mainly generated operationally in the reporting year.

    The real estate company posted rental income of CHF 105.1 million in the year under review. This only just fell short of the value of CHF 106.7 million in 2019. At the same time, Mobimo supported its own tenants from the catering, hotel and retail sectors with rent relief totaling 6.5 million francs due to the pandemic.

    Mobimo's real estate portfolio increased from CHF 3.3 billion to CHF 3.4 billion in the course of the year under review. The average gross return remains unchanged at 4.5 percent, the company informs in the announcement. As of the end of the year, Mobimo had investment properties under construction in the amount of CHF 90 million and in planning in the amount of CHF 490 million.

  • EKZ achieves good operating results with stable sales

    EKZ achieves good operating results with stable sales

    EKZ draws a positive balance for the 2019/20 financial year with stable sales, expansion of the production of renewable energy, especially in wind power, and an operating result that has enabled a profit distribution of CHF 41.3 million to the canton and municipalities for the first time. According to the press release, the operating result (EBIT) was CHF 61.3 million and the company's result, i.e. total income minus total expenses, was CHF 88.2 million.

    EKZ's electricity sales remained stable in the first half of 2020 despite the lockdown. The lower sales among traders and the closure of shopping centers have been compensated for by shifting to higher sales in home offices. The EKZ supplies around 315,000 households and businesses with renewable energy.

    The production capacities from renewable energy were expanded. The EKZ in Switzerland relies on the expansion of solar energy and domestic hydropower. The Dietikon river power plant was put back into operation. In Spain and Portugal the investment focus was on solar energy, in France and Germany on electricity production from wind power. With above-average wind conditions, 496 gigawatt hours of electricity were generated from wind energy, reports the EKZ.

    Other focal points of the shopping center were charging solutions for tenants, apartment or house owners as well as the prosumer area. These are electricity consumers who are producers themselves at the same time as their own solar systems.

    EKZ has been involved inPrimeo Energie AG since January 1st to work together in energy sales for energy supply companies and business customers.