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 way in which HUBER+SUHNER assumes responsibility for its employees is laid out in the Business and Ethics Code. 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 a company's economic performance. It is calculated from profit before income tax, depreciation and amortization plus personnel costs minus other financial result. The distribution analysis discloses the extent to which value added flows to the various stakeholders of the company or is retained in the company. In 2017, value added amounted to CHF 347.0 million, up 1 % compared to the previous year.
In 2017, 74 % of the group's value added was paid directly or indirectly to employees and 5 % to the authorities in the form of income taxes. Subject to the approval of the Annual General Meeting, the shareholders receive 6 %, while 15 % remain in the company in the form of depreciation and retained earnings.