Annual Report 2022

Elma - Solid results, Growth and Transformation on track, proposal for unchanged Dividend Payment

The year 2022 was challenging for the Elma Group due to geopolitical and economic uncertainties. Nevertheless, the business transformation towards profitable growth was driven forward with additional customer orders and awards for innovative system solutions. In 2022, the Elma Group again increased both order income and net sales. The challenges in the global supply chains and increasing material and energy prices reduced the company's profit. Elma was still able to close the business year with a solid result and the Board of Directors will propose to the Annual General Meeting the same dividend payment as last year.

Order income of CHF 167.8 million increased by 4.7% (adjusted for currency effects: 4.5%, previous year: CHF 160.3 million)
Net sales of CHF 154.7 million grew by 3.6% (adjusted for currency effects: 3.0%, previous year: CHF 149.3 million)
Significant improvement in profitability in the second half of 2022
For full year lower EBIT of CHF 4.6 million (previous year: CHF 9.1 million) and net profit of CHF 4.2 million (previous year: CHF 7.5 million)
Net debts reduced by 3.7 million to CHF 10.6 million (previoius year: CHF 14.3 million)
Equity ratio of 51.7% (December 31, 2021: 51.8%)
Board of Directors proposes the Annual General Meeting a dividend payment of CHF 2.00 per share (previous year: CHF 2.00 per share)
Partnerships with technology partners strengthened