Consumer & Industrial review
Consumer & Industrial revenues mainly declined on Beauty shortfall
In our Consumer & Industrial segment, we provide our customers with high-quality products and services specifically tailored to our customers’ needs. In the Industry business unit we design, develop and market a broad range of products such as dispensers, cartridges and mixers for two-component adhesives and sealants for use in construction, transportation, electronics, infrastructure and general industrial sectors. Micro-brushes and applicators for eyes, eyelashes, lips and facial make-up are the most important products of our Beauty business unit. They are sold to a broad customer base that ranges from regional to global brands and includes the most iconic names in the beauty industry.
Segment revenue and gross profit
January 1 – June 30
|
millions of CHF |
|
2025 |
|
+/–% change |
|
+/–% organic 2) |
|
2024 |
|
|
Industry |
|
63.5 |
|
–2.9% |
|
–1.3% |
|
65.4 |
|
|
Beauty |
|
73.8 |
|
–20.5% |
|
–17.7% |
|
92.8 |
|
|
Total revenue Consumer & Industrial (C&I) 1) |
|
137.4 |
|
–13.2% |
|
–10.9% |
|
158.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Segment cost of goods sold |
|
–84.7 |
|
18.1% |
|
|
|
–103.4 |
|
|
Segment gross profit Consumer & Industrial (C&I) |
|
52.6 |
|
–4.0% |
|
|
|
54.8 |
|
1) Revenue from external customers.
2) Adjusted for acquisition and currency effects.
Revenue by business unit
H1 2025
Revenue by business unit
H1 2024
Industry – slightly negative revenues and increased profitability
With slightly negative revenues year-on-year in H1 2025 and an improvement in profitability, our Industry business unit is performing well, considering sluggish end markets heavily impacted by geopolitical uncertainty. The Valencia facility is delivering the full portfolio of industrial products and we are focusing on increasing efficiency and profitability through leaner product flows and automated production processes. We are insourcing external manufacturing in the USA to the Atlanta site to enhance value creation. Our environmentally friendly product portfolio continues to make the difference with our customers: following SIKA, which recently decided to switch its current portfolio to our greenLine product range, Huntsman and Gurit have also started to use our greenLine portfolio. Furthermore, our team has launched a new, multi-year, high-volume supply partnership which adapts and introduces our ecopaCC solution to the aerospace market.
Beauty – lower commercial activity and customer project delays
Revenue in the Beauty business unit in H1 2025 was CHF 73.8 million, an organic decrease of 17.7% compared to the same period last year, which saw Beauty’s highest half-year revenue in five years, where the business unit benefited from a high level of launch activity after the lifting of Covid restrictions. The first half of 2025 was marked by lower commercial activity in our Beauty business unit and customer project delays. We expect this slower activity to continue in the second half. However, we have seen an increase in customer projects activity in Q2 2025. This will provide revenue growth momentum in 2026. Additionally, we have accelerated decisive cost-out measures to adapt the cost base to business volume and protect profitability.