immo!nvest – Die Plattform für Standorte und Immobilien

Tag: EBIT

  • Sika posts record sales

    Sika posts record sales

    Sika achieved record sales and profits in the first half of 2022, writes the globally active Zug-based building materials group in a statement . According to her, Sika’s sales increased by 18.0 percent year-on-year to a record CHF 5.25 billion. The operating result at EBIT level rose by 22.7 percent to CHF 841.9 million in the same period. At the same time, the EBIT margin reached the record value of 16.0 percent, explains Sika.

    Thomas Hasler is quoted in the statement as saying that the market conditions have also become more demanding for Sika. “Nevertheless, we were able to fully exploit the strengths of our business model and our organization in the last six months and achieve good business results,” said the CEO. Hasler lists such strengths as a high level of diversification, a global purchasing organization and innovative, sustainable and high-quality technologies.

    According to the announcement, all regions with double-digit growth rates contributed to the record sales in the reporting period. Growth was strongest in the Americas region at 39.5 percent (35.8 percent in local currencies). The region with the highest sales, EMEA, grew by 7.6 percent (12.9 percent in local currencies) to CHF 2.19 billion. At 13.2 percent in local currencies, business with the automotive industry “grew significantly faster than the market,” writes Sika.

    For the year as a whole, the Group has set itself the goal of exceeding 10 billion francs in sales for the first time. The operating result at EBIT level is to be increased disproportionately to sales.

  • Acquisitions drive Poenina's growth

    Acquisitions drive Poenina's growth

    According to a statement by Poenina Holding AG , the building technology company from the Glattal generated operating income of CHF 383.2 million in the 2021 financial year. In a year-on-year comparison, this corresponds to growth of 26.8 percent. The operating result at EBIT level increased by 41.3 percent to CHF 21.2 million in the same period. A net profit of CHF 16.9 million was booked, which is 34.1 percent more than in 2020.

    In the statement, Poenina states “two inorganic effects” as the background to the development of sales. On the one hand, three acquisitions in the financial year are mentioned here. On the other hand, the merger with Caleira AG in June 2020 had an impact over an entire reporting year for the first time. Poenina attributes the increase in profitability to “continued internal process improvements” and the waning impact of the pandemic.

    In January of this year, Poenina announced the start of merger negotiations with the Burkhalter Group , which specializes in electrical engineering. The background is the Energy Strategy 2050 planned by the federal government. “In the course of the constructive merger talks”, the board of directors is now applying for the implementation of the merger, Poenina informs in the press release. Poenina is to be merged into Burkhalter and Poenina shares are to be exchanged for newly created Burkhalter shares at a ratio of 1 to 0.73. The approval of the general meetings of both companies is still pending.

  • Implenia is back in the black

    Implenia is back in the black

    According to a message from Implenia , the construction and real estate company from Dietlikon generated total sales of 1.88 billion francs in the first half of 2021. Compared to the same period in the previous year, this corresponds to a decrease of 2.2 percent. The focus on projects with higher margins is mentioned in the communication as a background. Despite the stricter criteria, Implenia's order backlog rose by 7.3 percent year-on-year to CHF 6.6 billion.

    Implenia reports an operating result (EBIT) of 40.0 million francs in the reporting semester. Excluding the profit contribution generated by the spin-off Ina Invest, an EBIT of 3.7 million francs was achieved in the first half of the previous year. In 2020 as a whole, Implenia posted an operating loss of 146.8 million francs.

    In the previous year, the company initiated a comprehensive transformation process. Business areas that are not part of the core business or are unprofitable are being cut back and risk management is being improved. Implenia has already implemented a number of adjustments to its portfolio. The announcement mentions, among other things, the divestments of business areas in Germany, Austria and Norway.

    "The operational measures taken have the first positive effects on the results," André Wyss is quoted in the press release. The Implenia CEO sees his company "well positioned to become an integrated, multinational leading provider of construction and real estate services". Implenia is aiming for an EBIT of more than 100 million francs for the current year as a whole.

  • LafargeHolcim reports record high quarterly results

    LafargeHolcim reports record high quarterly results

    According to a release from LafargeHolcim , the globally active Zug-based building materials group generated net sales of CHF 5.36 billion in the first quarter of 2021. In a year-on-year comparison and adjusted for portfolio changes, this corresponds to growth of 7.4 percent. The recurring operating result at EBIT level rose in the same period on a comparable basis by 130.7 percent to 528 million Swiss francs.

    "I am pleased to announce that we made an excellent start to the year with a record high Q1 result," said Group CEO Jan Jenisch in the announcement. "We are thus continuing our strong growth trajectory of the last few quarters."

    Jenisch expects to be able to strengthen the growth dynamic with the acquisition of Firestone Building Products , which was completed in the reporting quarter. The American company, which specializes in building envelopes and roof systems and is based in Nashville, Tennessee, had annual sales of $ 1.8 billion in 2020. The successful integration of the new acquisition should enable LafargeHolcim to achieve its targets for 2022 in the current financial year. Specifically, on a comparable basis, the Group is aiming for a growth in net sales of 3 to 5 percent and an increase in recurring EBIT of at least 10 percent.

    LafargeHolcim can also point to success in the area of sustainability. The group was named the most sustainable company in the construction industry by Vigeo-Eiris, according to the announcement. The rating agency for the environment, social affairs and governance has given LafargeHolcim the top grade A1 +. In addition, ten environmentally friendly products from the group, including the sustainable concrete from the ECOPact series, were recognized by the Solar Impulse Foundation . hs

  • SF Urban Properties can increase profits

    SF Urban Properties can increase profits

    Despite the pandemic, SF Urban Properties AG can look back on “a gratifying 2020 financial year”, writes the real estate company belonging to Swiss Finance & Property Group AG in a press release . Specifically, the company was able to increase its operating result at EBIT level from 27.0 million to 32.0 million francs year-on-year. The net profit before revaluations increased by 92.8 percent compared to 2019 to 23.0 million francs. Net profit including revaluations improved by 23.8 percent to 23.0 million francs.

    As a background for the good developments, SF Urban Properties cites the successful sale of a property and the vacancy rate, which was kept at a low 2.62 percent despite the pandemic. As in the previous year, shareholders are to be paid a dividend of CHF 3.60 per listed ordinary share. With an equity ratio of 46.4 percent, the company continues to be “robustly financed,” writes SF Urban Properties.

    In the current year, the real estate company intends to concentrate on the economic areas of Zurich and Basel as before. In the year under review, SF Urban Properties was able to successfully market the Sandreutergarten residential development planned in Riehen BS, the real estate company reports. Nine out of ten of the units under construction since the end of 2020 have already been sold. In the development project at Klusstrasse 38 in Zurich, twelve of a total of 13 units were reserved in the reporting year and two of them had already been legally sold.

  • Implenia sees itself in a good position

    Implenia sees itself in a good position

    According to a message from Implenia , the construction and real estate company from Dietlikon generated sales totaling CHF 2.99 billion in 2020. In the previous year, sales of 4.43 billion Swiss francs were posted. The operating result at EBIT level fell year-on-year from CHF 63.5 million to CHF -146.8 million. A loss of 132.1 million francs was reported as the consolidated result; in 2019, a profit of 33.9 million francs had been realized.

    The order backlog remained at a high level at CHF 6.39 billion and is also well distributed across business areas and markets, Implenia writes in the press release. More than 80 percent of the sales targeted for the current year are already secured. In the current year, the company intends to be back in the black.

    The return to the profit zone should be achieved through restructuring in the portfolio and measures for profitable growth. Implenia writes that the company has already started to reduce business areas that are not part of its core business or that are unprofitable. For profitable growth, "an effective management of opportunities and risks was introduced".

    Implenia wants to report an EBIT of at least 100 million francs in the current year. At the corresponding rate, the target is 2.8 percent. In the medium term, an EBIT margin of 4.5 percent should be achieved.

  • 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.