INFORMATION
Zurich, 28 March 2017
Kuoni Group Annual Results 2016
Key figures
CHF million | 2016 | 2015 |
Turnover | 3,282.8 | 3,348.7 |
Gross profit | 608.7 | 609.7 |
Gross profit margin (%) | 18.5 | 18.2 |
Operating earnings (EBIT) | 20.91 | 81.22 |
EBIT margin (%) | 0.6 | 2.4 |
Net result from continuing operations | 1.3 | 57.9 |
Net result from discontinued operations, net of income taxes | 2.8 | -352.13 |
Net Result | 4.1 | -294.2 |
Free cash flow from continuing operations | 51.9 | 120.3 |
1 Incl. costs related to the acquisition of Kuoni Travel Holding Ltd through EQT and Kuoni and Hugentobler-Foundation (CHF 25.5 million), as well as costs related to the reorganisation of the Kuoni Group of CHF 10.6 million.
2 Incl. positive contribution of CHF 52.6 million from the sale of a property in Zurich in the second half of 2015 compensating for costs of CHF 25.2 million from restructuring of GTS Division (CHF 18.0 million) and support and corporate functions (CHF 7.2 million).
3 Incl. currency translation losses accumulated over the years (CTA) of CHF -219.7 million.
The 2016 Annual Report is available online at kuoni.com
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