date:Mar 27, 2014
and the frozen goods logistics in Kriens. Adjusted for this one-time effect, EBIT grew by 9.4 % to CHF 160 million (2012: CHF 146 million). The adjusted EBIT margin was unchanged at 4.9 %.
The financial result improved from CHF -16.4 million to CHF -15.7 million. The acquisition-related higher interest expense was more than offset by a neutral currency result for the year under review (2012: currency loss of CHF 3.6 million). Income taxes increased to CHF 30 million (2012: CHF 28 million). The