Consolidated operating income for the reporting period from 1 January to 30 June 2016 totals CHF 335.5 million. This is 8.8 % above the first six months of the previous year (CHF 308.5 million) and at the same level as the cyclically comparable first half of 2014 (CHF 335.8 million.).
The operating results and group profit have similarly been boosted by comparison with the same period in 2015 due to the exhibition cycles and are almost on a par with the record values for the first half of 2014. The EBITDA is CHF 92.0 million (up 6.9 % on 2015, down 2.9 % on 2014) and the EBIT CHF 59.9 million (up 8.9 % on 2015, down 5.2 % on 2014). The resultant consolidated group profit is CHF 56.1 million. This is 15.2 % above the same period for 2015 and 1.1 % down on 2014.
It proved possible to further strengthen the consolidated group balance sheet over the first half of 2016. The balance sheet structure as per 30 June 2016 shows a balance-sheet total of CHF 864.2 million (as per 31 December 2015, CHF 914.3 million), comprising current assets of CHF 298.7 million (CHF 322.0 million) and fixed assets of 565.5 million (CHF 592.3 million). The liabilities side shows outside capital of CHF 403.6 million (CHF 506.4 million) and equity of CHF 460.6 million (CHF 407.9 million). Over the first six months of 2016, the equity ratio was thus increased from 44.6 % to 53.3 %.