The year in brief
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- Operating income of CHF 393.7 million, maintained at previous year's level
- Strong operating EBITDA of CHF 16.5 million, an improvement of 18 % over 2022
- Adjusted EBITDA due to a one-off provision is CHF 12.3 million
- Net loss of CHF 9.8 million (excluding one-off special effect) within guidance
- Net loss (including one-off special effect) is CHF 14.0 million
- Record year for the guest events and congress business
- Extraordinarily successful year for MC2 in the USA
- Successful Art Basel fairs in Basel, Hong Kong, Miami Beach and Paris+ par Art Basel
- Repayment of the CHF 100 million bond in May 2023
- Cash and cash equivalents remain robust; further reduction in net debt
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Key figures at a glance
(Amounts in CHF; 2022 figures in parentheses)
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393.7 m
Operating income: 393.7 m (394.1 m)
16.5 m
EBITDA: 16.5 m
(14.0 m)
12.3 m including one-off special effect
-9.8 m
Loss for the year: –9.8 m
(–9.3 m)
–14.0 m including one-off special effect
29.4 %
Equity: 98.9 m / 29.4 %
(113.3 m / 25.5 %)
65.7 m
Cash and cash equivalents: 65.7 m (151.9 m)
66.0 m
Net debt: 66.0 m (84.6 m)
