Charles Vögele Group

Key Figures

CHF million First half year 2008 (2) First half year 2009 Change
Gross sales 792.2 743.0 (6%)
Change adjusted for currency in % 2% (1%)  
Change adjusted for expansion and currency in % (1%) (4%)  
Net sales 672.1 630.5 (6%)
Operating earnings before depreciation and impairment (EBITDA) 45.9 37.8 (18%)
Operating earnings (EBIT) 15.6 6.6 (58%)
Net profit 3.1 ( 2.3) (174%)
     
Net cash flow from operating activities 45.2 65.4 45%
Net cash provided /(used) in investing activities (36.0) (27.3) (24%)
Free cash flow 9.2 38.1 314%
     
Number of stores as of June 30 834 855 3%
Sales area as of June 30 in m2 648 452 671 101 3%
     
Number of employees as of June 30 (1) 7 715 7 639 (1%)
Average number of full-time employees on a half-year basis (1) 4 992 5 036 1%

(1) Excluding apprentices
(2) Restatement see Note 2.2 to 2.4 on pages 12 to 15 in the half year report 2009.

CHF million   31.12.2008 (2) 30.06.2009
Net debt   151.7 114.5
Shareholders‘ equity   495.4 493.2
Balance sheet total   891.7 817.6
Shareholders' equity in % of balance sheet total   56% 60%