Business Performance

Business Performance

In millions of Swiss francs and as per cent of sales

2010 2009 2008
Sales 4,239 3,959 4,087
EBITDA* 963 22.7% 820 20.7% 842 20.6%
Operating Income* 665 15.5% 525 13.3% 486 11.9%

EBITDA: Earnings Before Interest (and other financial income (expense), net), Tax, Depreciation and Amortisation. This corresponds to operating profit before depreciation, amortisation and impairment of long-lived assets and impairment on joint ventures.

* On a comparable basis.