The 2023 full year results for the company showed strong financial performance and record free cash flow. Sales were up 4.1% on a like-for-like basis and a decrease of 2.8% in Swiss francs. EBITDA increased by 8.8% in local currency, with a comparable EBITDA margin of 22.4% compared to 20.9% in 2022. The company achieved record free cash flow of CHF 920 million, an increase of 92% over 2022, or 13.3% of sales. The proposed dividend of CHF 68.00 per share was up 1.5% year-on-year and the twenty-third consecutive increase. Sales performance was strong in high growth markets, with 10.0% growth on a like-for-like basis. The company achieved excellent performance in high growth markets, with 56% of total sales. The company also had a 10.0% growth in high growth markets.