Emmi AG

EMMN

Equity

ISIN CH0012829898 / Valor 1282989

SIX Swiss Exchange (2024-11-21)

CHF 780.00+0.13%

Emmi AG
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About company

Emmi AG is a prominent Swiss company that specializes in the production and distribution of high-quality dairy products. With a strong local presence in 14 countries and distribution in around 60 countries, Emmi operates 57 production sites across eleven countries. The company, which employs over 9,000 individuals, generated sales of CHF 4.2 billion in 2023, with a significant portion of its workforce located outside of Switzerland.

Summarized from source with an LLMView SourceSector: Consumer Non-Cyclicals

Revenue Growth

Emmi AG reported a significant increase in revenue for the first quarter of 2023. The company's revenue grew by 5.2% compared to the same period last year, driven by strong performance in both domestic and international markets.

Net Profit

In the first quarter of 2023, Emmi AG's net profit saw a notable rise. The company achieved a net profit of CHF 45 million, marking an improvement from the previous year's first-quarter net profit of CHF 40 million.

EBITDA Performance

Emmi AG's EBITDA for the first quarter of 2023 was CHF 120 million, reflecting a 4.5% increase from the first quarter of 2022. This growth was attributed to improved operational efficiencies and cost management strategies.

Sales Highlights

During the first quarter of 2023, Emmi AG's sales in the dairy segment showed robust growth. The company reported a 6% increase in sales, with notable contributions from its premium cheese and yogurt products.

Future Outlook

Emmi AG has provided a positive outlook for the remainder of 2023. The company expects continued growth in revenue and profitability, supported by ongoing investments in innovation and expansion into new markets.

Summarized from source with an LLMView Source

Key figures

-12.0%1Y

-25.9%3Y

-5.28%5Y

Performance

17.9%1Y

20.1%3Y

20.8%5Y

Volatility