date:Jul 23, 2019
om CHF601 million (US$612 million) for the same period in 2018, while the EBITDA margin was 21.3 percent in 2019 compared to 22.5 percent in 2018. On a comparable basis, the EBITDA margin was 22.3 percent in 2019 compared to 23.4 percent in 2018.
Operating income was stable at CHF491 million (US$500 million), compared to CHF489 million (US$498 million) in 2018. When measured in local currency terms, the operating income increased by 2.3 percent. The operating margin decreased to 15.9 percent in