Implenia puts in impressive second-half performance

After a challenging start to the year, Implenia produced a strong performance in the second half. EBITDA, the most important benchmark for operational performance, reached a new record high. Business Unit EBIT (excl. PPA) exceeded the forecast we made at mid-year. All segments made a positive contribution to profit. The order backlog remains at a record level. The Group has also invested further in digitalisation and operational excellence. Implenia will continue to press ahead with its digital transformation in future. Due to good strategic positioning, broad-based technical and organisational capabilities, an improved market position in Germany and robust markets, Implenia is optimistic about the future.

Consolidated key figures

 

2017

2016

Δ

Δ
like for like2

 

CHF 1,000

CHF 1,000

 

 

Consolidated revenue

3,859,478

3,266,986

18.1%

17.3%

EBIT Business Units excl. PPA1

103,195

114,111

(9.6%)

(9.2%)

EBIT Business Units1

65,474

102,282

(36.0%)

(34.9%)

Operating income

63,591

97,907

(35.0%)

(33.9%)

Consolidated profit excl. PPA

65,438

72,733

(10.0%)

(9.3%)

Consolidated profit

39,033

64,453

(39.4%)

(37.8%)

EBITDA

173,835

166,184

4.6%

4.6%

in % of consolidated revenue

4.5%

5.1%

 

 

Free cash flow

162,535

27,942

481.7%

483.5%

Net cash position (as at 31.12.)

488,513

376,297

29.8%

25.8%

Equity (as at 31.12.)

654,909

665,506

(1.6%)

(2.6%)

Order book (as at 31.12.)

6,043,261

5,171,795

16.9%

13.3%

Production output

3,926,727

3,320,418

18.3%

17.3%

Workforce (FTE; as at 31.12.)

9,342

7,976

17.1%

 

1   Prior year restated, see page 232, note 5

2   Foreign currency adjusted