Social performance

HUBER+SUHNER is committed to conducting its business in accordance with high ethical standards, integrity, and compliance with applicable rules. In the communities where its premises are located the company behaves like a good corporate citizen. The Sustainability Report 2020, which will be published in June 2021, describes examples of community involvement and development projects. The responsibility that HUBER+SUHNER assumes towards its employees is set out in the "Code of Responsible Business Conduct". The employees are the stakeholder group that receives by far the highest share of the added value the company generates.

The added value is a measure of the economic performance of a company. It is calculated from profit before tax and depreciation plus personnel costs minus other financial results. The distribution calculation reveals the extent to which the added value flows to the various stakeholders of the company or is retained within the company. In 2020, the added value amounted to CHF 351.7 million. The decline compared to the previous year was 9 %, slightly milder than the decline in turnover of 11.2 %. 

75 % of the global added value (previous year 72 %) flowed directly or indirectly to employees, 2 % (PY 4 %) to the public sector in the form of income taxes. Subject to the approval of the Annual General Meeting (31 March 2021), shareholders will receive 7 % (PY 8 %) of the added value, while 16 % (PY 16 %) remain in the company in the form of depreciation and retained earnings.

Added value distribution 2020

Added value distribution