Business
MCH Group | Ad hoc announcement pursuant to Art. 53 LR | Annual Results 2024
MCH Group Annual Results 2024 Return to Profitability through Growth and Increased Efficiency MCH Group made meaningful progress in implementing its strategic priorities in 2024 while effectively navigating ongoing challenges. By strengthening its core business areas and enhancing operational efficiency and cost control, the Group significantly improved its operating margin and recorded a net profit for the first time since 2016. The financial performance in 2024 is the result of both growth and
About this update from Mch Group Ag
[{"type":"image","alt":"MCH","displaySize":"","headline":null,"caption":"MCH","className":"","disableSlideshowImg":false,"size":{"original":{"width":165,"height":300,"url":"https://media.zenfs.com/en/globenewswire.com/d610e4e0d9b18dea164367c899235730"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/pDpe53PRL7HfaLHSEMng4A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTM4MjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/d610e4e0d9b18dea164367c899235730","width":165,"height":300}},"lazy":false},{"type":"text","content":"MCH Group Annual Results 2024 Return to Profitability through Growth and Increased Efficiency MCH Group made meaningful progress in implementing its strategic priorities in 2024 while effectively navigating ongoing challenges. By strengthening its core business areas and enhancing operational efficiency and cost control, the Group significantly improved its operating margin and recorded a net profit for the first time since 2016. ","length":452,"tagName":"p"},{"type":"text","content":"The financial performance in 2024 is the result of both growth and disciplined cost management. Operating income increased by 10.3% year-on-year to CHF 435.7 million, reflecting positive developments in all businesses. EBITDA reached CHF 34.5 million, a significant improvement from CHF 12.3 million in 2023. As a result, MCH Group returned to net profitability for the first time since 2016, recording a net profit of CHF 3 million. This financial turnaround was supported by CHF 3.6 million in one-off items that were not directly related to operational business performance.","length":577,"tagName":"p"},{"type":"text","content":"Key Financial Figures at a Glance (Figures for the 2023 financial year in parentheses)","length":92,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Operating income: CHF 435.7 million (CHF 394.0 million)","length":60,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":60,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"EBITDA: CHF 34.5 million (CHF 12.3 million)","length":48,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":48,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"Net profit: CHF 3.0 million (CHF –12.8 million)","length":52,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":52,"olTy...