LOWER SALES IN A CHALLENGING MARKET ENVIRONMENT
With a solid order intake in the first half of 2023, Interroll defended its market position despite lower sales and we continued to build on our strengths.
Interroll was able to generate an order intake of CHF 301.9 million (–0.8% year-on-year, +4.3% in local currency) for the first half year 2023. The Sales amounted to CHF 256.2 million (–17.6% year-on-year, –13.5% in local currency), impacted by destocking from our product customers, especially in EMEA.
Key Figures
| in CHF millions, unless otherwise indicated | 01.01.–30.06.2023 | 01.01.–30.06.2022 | Change in % | |
|---|---|---|---|---|
| Incoming orders/sales | ||||
| Total incoming orders | 301.9 | 304.4 | –0.8 | |
| Rollers | 54.4 | 70.9 | –22.8 | |
| Drives | 88.8 | 110.2 | –19.4 | |
| Conveyors & Sorters | 94.3 | 96.8 | –3.0 | |
| Pallet Handling | 18.7 | 32.9 | –43.3 | |
| Total sales | 256.2 | 310.9 | –17.6 | |
| Profitability | ||||
| EBITDA | 39.9 | 52.4 | –23.9 | |
| in % of sales | 15.6 | 16.9 | ||
| EBIT | 28.7 | 40.8 | –29.7 | |
| in % of sales | 11.2 | 13.1 | ||
| Result | 22.0 | 33.1 | –33.5 | |
| in % of sales | 8.6 | 10.6 | ||
| Cash flow | ||||
| Operating cash flow | 75.2 | 1.2 | 6166.7 | |
| in % of sales | 29.4 | 0.4 | ||
| Free cash flow | 60.0 | –7.2 | 933.3 | |
| in % of sales | 23.4 | –2.3 | ||
| Total investments | 17.1 | 12.4 | 37.9 | |
| Balance sheet | 30.06.2023 | 31.12.2022 | ||
| Total assets | 550.9 | 545.9 | 0.9 | |
| Goodwill | 16.1 | 16.4 | –1.8 | |
| Net financial assets | 109.1 | 70.8 | 54.1 | |
| Equity | 390.4 | 394.2 | –1.0 | |
| Equity ratio (equity in % of assets) | 70.9 | 72.2 | ||
| Return on equity (in %) | 11.2 | 22.4 | –70.4 | |
| Other key figures | ||||
| RONA (return on net assets, in %) | 30.2 | 24.5 | –15.2 | |
| Average number of employees (FTE) | 2,372.0 | 2,566.0 | –7.6 | |
| Sales per employee (in CHF thousands) | 216 | 242 | –10.9 | |
| Productivity (added value / total personnel expenses) | 2.00 | 2.09 | –4.3 |
Interroll uses alternative performance figures. These alternative performance figures can be found on the Interroll homepage under
Investor Relations (www.interroll.com).
Interim financial statements of
the Interroll group (PDF)
