Annual Report 2025

Consolidated income statement

January 1 – December 31

millions of CHF

Notes

2025

2024

Revenue

3,16

448.0

483.9

Cost of goods sold

16

–286.1

–324.2

Gross profit

16

161.9

159.7

Selling and administrative expenses

–114.9

–116.4

Research and development expenses

–19.6

–25.4

Other operating income / (expenses), net

9

–4.5

–5.0

Operating income

22.8

12.9

Interest income

10

1.3

1.1

Interest expenses

10

–10.7

–12.1

Other financial income / (expenses), net

10

–4.5

–2.6

Share of profit / (loss) of associates

2

–5.7

Income before tax expenses

9.0

–6.3

Income tax expenses

11

–1.9

–0.0

Net income

7.0

–6.4

Attributable to shareholders of the parent

6.4

–7.4

Attributable to non-controlling interests

0.6

1.0

Earnings per share (in CHF)

Basic earnings per share

21

0.16

–0.18

Diluted earnings per share

21

0.15

–0.18