Adjusted consolidated statement of income
Galenica's consolidated statement of income adjusted by IAS 19 effects related to employee benefits (defined benefit plans and long-service awards) and IFRS 16 lease effects allowing financial results to be assessed on a comparable basis.
Adjusted consolidated statement of income first half of 2025
|
in thousand CHF |
As reported |
Adjustments IAS 19 |
Adjustments IFRS 16 |
Adjusted |
|
Net sales |
1,995,365 |
– |
– |
1,995,365 |
|
Products & Care 1) |
867,330 |
– |
– |
867,330 |
|
Logistics & IT 1) |
1,649,718 |
– |
– |
1,649,718 |
|
|
|
|
|
|
|
Other income |
8,515 |
– |
– |
8,515 |
|
Operating income |
2,003,880 |
– |
– |
2,003,880 |
|
|
|
|
|
|
|
Cost of goods |
–1,444,527 |
– |
– |
–1,444,527 |
|
Personnel costs |
–304,740 |
2,578 |
– |
–302,162 |
|
Other operating costs |
–93,661 |
– |
–28,127 |
–121,789 |
|
Share of profit from associates and joint ventures |
2,949 |
12 |
–55 |
2,906 |
|
Earnings before interest, taxes, depreciation and amortisation (EBITDA) |
163,901 |
2,590 |
–28,182 |
138,309 |
|
Products & Care 1) |
116,666 |
– |
–27,122 |
89,544 |
|
Logistics & IT 1) |
50,150 |
– |
–1,055 |
49,096 |
|
|
|
|
|
|
|
Depreciation, amortisation and impairment |
–55,126 |
– |
26,731 |
–28,395 |
|
Earnings before interest and taxes (EBIT) |
108,774 |
2,590 |
–1,451 |
109,914 |
|
Return on sales (ROS) 2) |
5.5% |
0.1% |
–0.1% |
5.5% |
|
Products & Care 1) |
80,884 |
– |
–1,416 |
79,468 |
|
Return on sales (ROS) 2) |
9.3% |
0.0% |
–0.2% |
9.2% |
|
Logistics & IT 1) |
32,038 |
– |
–36 |
32,003 |
|
Return on sales (ROS) 2) |
1.9% |
0.0% |
0.0% |
1.9% |
|
|
|
|
|
|
|
Net financial result |
–2,272 |
–59 |
1,452 |
–880 |
|
Earnings before taxes (EBT) |
106,502 |
2,531 |
1 |
109,034 |
|
|
|
|
|
|
|
Income taxes |
–17,858 |
–453 |
–9 |
–18,321 |
|
|
|
|
|
|
|
Profit from continuing operations |
88,644 |
2,078 |
–8 |
90,713 |
|
|
|
|
|
|
|
Profit from discontinued operations |
–9 |
– |
– |
–9 |
|
|
|
|
|
|
|
Net Profit |
88,635 |
2,078 |
–8 |
90,704 |
|
|
|
|
|
|
|
Attributable to: |
|
|
|
|
|
– Shareholders of Galenica Ltd. |
88,272 |
2,078 |
–9 |
90,340 |
|
– Non-controlling interests |
363 |
– |
1 |
364 |
1) Reported for each operating segment not taking into account Group Services and Eliminations
2) Calculated as EBIT divided by net sales
|
in CHF |
As reported |
Adjustments IAS 19 |
Adjustments IFRS 16 |
Adjusted |
|
Earnings per share from continuing operations |
1.77 |
0.04 |
– |
1.81 |
|
Diluted earnings per share from continuing operations |
1.77 |
0.04 |
– |
1.81 |
Adjusted consolidated statement of income first half of 2024
|
in thousand CHF |
As reported |
Adjustments IAS 19 |
Adjustments IFRS 16 |
Adjusted |
|
Net sales |
1,900,014 |
– |
– |
1,900,014 |
|
Products & Care 1) |
829,334 |
– |
– |
829,334 |
|
Logistics & IT 1) |
1,563,318 |
– |
– |
1,563,318 |
|
|
|
|
|
|
|
Other income |
6,412 |
– |
– |
6,412 |
|
Operating income |
1,906,426 |
– |
– |
1,906,426 |
|
|
|
|
|
|
|
Cost of goods |
–1,369,428 |
– |
– |
–1,369,428 |
|
Personnel costs |
–292,626 |
–1,653 |
– |
–294,279 |
|
Other operating costs |
–91,191 |
– |
–27,616 |
–118,807 |
|
Share of profit from associates and joint ventures |
1,986 |
–105 |
–135 |
1,747 |
|
Earnings before interest, taxes, depreciation and amortisation (EBITDA) |
155,167 |
–1,757 |
–27,751 |
125,658 |
|
Products & Care 1) |
112,422 |
– |
–26,491 |
85,930 |
|
Logistics & IT 1) |
42,298 |
– |
–1,248 |
41,050 |
|
|
|
|
|
|
|
Depreciation, amortisation and impairment |
–52,751 |
– |
26,208 |
–26,542 |
|
Earnings before interest and taxes (EBIT) |
102,416 |
–1,757 |
–1,543 |
99,116 |
|
Return on sales (ROS) 2) |
5.4% |
–0.1% |
–0.1% |
5.2% |
|
Products & Care 1) |
77,443 |
– |
–1,498 |
75,946 |
|
Return on sales (ROS) 2) |
9.3% |
0.0% |
–0.2% |
9.2% |
|
Logistics & IT 1) |
25,483 |
– |
–45 |
25,438 |
|
Return on sales (ROS) 2) |
1.6% |
0.0% |
0.0% |
1.6% |
|
|
|
|
|
|
|
Net financial result |
–3,967 |
–198 |
1,603 |
–2,561 |
|
Earnings before taxes (EBT) |
98,450 |
–1,955 |
60 |
96,555 |
|
|
|
|
|
|
|
Income taxes |
–19,162 |
333 |
–33 |
–18,862 |
|
|
|
|
|
|
|
Profit from continuing operations |
79,287 |
–1,622 |
28 |
77,693 |
|
|
|
|
|
|
|
Profit from discontinued operations |
–29 |
– |
– |
–29 |
|
|
|
|
|
|
|
Net Profit |
79,258 |
–1,622 |
28 |
77,664 |
|
|
|
|
|
|
|
Attributable to: |
|
|
|
|
|
– Shareholders of Galenica Ltd. |
78,888 |
–1,622 |
26 |
77,292 |
|
– Non-controlling interests |
370 |
– |
2 |
372 |
1) Reported for each operating segment not taking into account Group Services and Eliminations
2) Calculated as EBIT divided by net sales
|
in CHF |
As reported |
Adjustments IAS 19 |
Adjustments IFRS 16 |
Adjusted |
|
Earnings per share from continuing operations |
1.58 |
–0.03 |
– |
1.55 |
|
Diluted earnings per share from continuing operations |
1.58 |
–0.03 |
– |
1.55 |