Operating profit (EBIT) rose by 5.5% to CHF 945.9 million (previous year: CHF 896.3 million), while net profit grew by 5.9% to CHF 687.1 million (previous year: CHF 649.0 million). Sales in the Asia/Pacific region increased by 5.5% in local currencies to CHF 1,177.2 million (previous year: CHF 1,121.4 million). Nevertheless operating profit improved by 5.5% to CHF 945.9 million (previous year: CHF 896.3 million). Net profit rose by 5.9% to CHF 687.1 million (previous year: CHF 649.0 million). At the end of 2018, cash and cash equivalents amounted to CHF 914.0 million (previous year: CHF 1,037.9 million), while operating free cash flow grew slightly to CHF 513.2 million (previous year: CHF 496.8 million).

Source: The North Africa Journal February 22, 2019 11:47 UTC