Financial key figures

Overview of financial key figures 

(EUR million except per share data) Q4 2023 Q3 2023 Q2 2023 Q1 2023 FY 2023
Revenues 908 904 851 927 3,590
Gross margin (adj.)1 29% 29% 28% 29% 29%
           
Research and development -107 -108 -118 -147 -480
Selling, general and administrative -138 -113 -108 -143 -501
Result from operations (EBIT) (adj.)1) 62 71 50 50 233
EBIT margin (adj.)1) 7% 8% 6% 5% 7%
           
Financial result -80 -34 -25 -32 -171
Net result (adj.)1) -16 29 31 6 50
           
Earnings per share in CHF2) (dil.) (adj.)1) -0.03 0.10 0.12 0.02 0.15
Earnings per share in EUR (dil.) (adj.)1) -0.03 0.11 0.12 0.02 0.16


1)
Excluding M&A-related, transformation and share-based compensation costs, results from investments in associates and sale of businesses

2) Earnings per share in CHF were converted using the average currency exchange rate for the respective periods