The PDF of the original English version of this Annual Report is binding.
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Financial result
Tornos generated a net financial result of CHF +0.03 million in the 2022 fiscal year (2021: CHF -0.2 million). Exchange rate effects, especially against the euro, had a negative impact of CHF -1.2 million in the year under review; the previous year’s impact was positive at CHF +0.3 million.
Net result
The net result for 2022 came to CHF 14.4 million (2021: CHF 20.3 million). The margin was 8.0% (previous year: 11.9%). Excluding the write-back of value adjustment provisions, the net result margin would be 5.3% (2021: 6.1%).
The PDF of the original English version of this Annual Report is binding.