Semiannual Report 2026

Key Figure Comparison

Key Figures
Net sales by market region first half-year
Years

Net sales by market region first half-year

Five-Year Financial Summary

Net Sales

in CHF million (unless indicated otherwise)

1st half 2026

1st half 2025

1st half 2024

1st half 2023

1st half 2022

EMEA

240.3

216.3

199.6

201.9

193.9

Americas

341.3

280.0

219.2

193.4

173.2

Asia Pacific

94.8

65.3

54.7

53.1

49.2

Group

676.4

561.5

473.5

448.4

416.4

Growth in local currencies, in %1)

29.6%

20.6%

9.7%

12.4%

9.1%

Growth in CHF, in %1)

20.5%

18.6%

5.6%

7.7%

8.2%

1) Alternative Performance Measures are described here

Income Statement

in CHF million (unless indicated otherwise)

1st half 2026

1st half 2025

1st half 2024

1st half 2023

1st half 2022

Net sales

676.4

561.5

473.5

448.4

416.4

Earnings before interest, taxes, depreciation, and amortization (EBITDA)1)

174.6

147.1

110.7

102.2

95.6

Earnings before interest and taxes (EBIT)1)

152.5

128.1

93.0

84.7

76.7

Net income

124.9

101.3

77.2

65.0

61.3

EBIT margin, in %

22.5%

22.8%

19.6%

18.9%

18.4%

1) Alternative Performance Measures are described here

Cash Flow

in CHF million (unless indicated otherwise)

1st half 2026

1st half 2025

1st half 2024

1st half 2023

1st half 2022

Cash flow from operating activities

83.8

93.5

85.6

72.7

46.5

Free cash flow1)

53.7

92.8

69.8

79.6

81.7

Free cash flow (w/o term deposits)1)

38.7

52.8

69.8

54.6

21.7

Free cash flow, in % of net sales

7.9%

16.5%

14.7%

17.8%

19.6%

Free cash flow (w/o term deposits), in % of net sales

5.7%

9.4%

14.7%

12.2%

5.2%

1) Alternative Performance Measures are described here

Balance Sheet

in CHF million (unless indicated otherwise)

June 30, 2026

December 31, 2025

December 31, 2024

December 31, 2023

December 31, 2022

Total assets

1 019.2

878.8

763.7

662.0

672.0

Total liabilities

395.1

257.0

182.9

131.5

150.2

Total equity

624.1

621.8

580.7

530.5

521.8

Equity ratio, in %1)

61.2%

70.8%

76.0%

80.1%

77.6%

1) Alternative Performance Measures are described here