B 
126.30
+0.56%
Close of 9 Nov 2026, in CHF
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in CHF, from our data supplier.
Revenue
CHF 4.20bn
FY2016FY2025
Net income
CHF 356.8m
FY2016FY2025
Free cash flow
CHF 303.5m
FY2016FY2025
Shareholders' equity
CHF 5.47bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CHF 4.20bn | CHF 4.55bn | CHF 4.43bn | CHF 5.06bn | CHF 3.38bn | CHF 2.94bn | CHF 2.71bn | CHF 2.60bn | CHF 2.41bn | CHF 2.37bn |
| Operating income | CHF 272.4m | CHF 658.4m | CHF 620.3m | CHF 914.5m | CHF 240.2m | CHF 317.0m | CHF 338.5m | CHF 338.5m | CHF 381.6m | CHF 423.0m |
| Net income | CHF 356.8m | CHF 622.2m | CHF 478.0m | CHF 550.2m | CHF 304.6m | CHF 361.7m | CHF 391.2m | CHF 186.4m | CHF 251.3m | CHF 311.6m |
| Diluted earnings per share | 6.76 | 11.79 | 9.06 | 10.42 | 5.77 | 6.86 | 7.41 | 3.53 | 4.77 | 5.85 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CHF 11.64bn | CHF 11.60bn | CHF 11.01bn | CHF 11.97bn | CHF 12.14bn | CHF 9.54bn | CHF 9.36bn | CHF 9.05bn | CHF 9.09bn | CHF 8.58bn |
| Cash and short-term investments | CHF 1.05bn | CHF 1.01bn | CHF 915.8m | CHF 837.7m | CHF 1.02bn | CHF 1.01bn | CHF 895.0m | CHF 1.09bn | CHF 1.22bn | CHF 1.25bn |
| Total liabilities | CHF 5.73bn | CHF 5.94bn | CHF 5.96bn | CHF 7.59bn | CHF 7.92bn | CHF 5.55bn | CHF 5.63bn | CHF 5.58bn | CHF 5.68bn | CHF 5.64bn |
| Debt | CHF 1.83bn | CHF 1.84bn | CHF 1.81bn | CHF 1.99bn | CHF 1.88bn | CHF 1.45bn | CHF 1.44bn | CHF 1.76bn | CHF 1.60bn | CHF 1.60bn |
| Shareholders' equity | CHF 5.47bn | CHF 5.21bn | CHF 4.62bn | CHF 4.07bn | CHF 3.92bn | CHF 3.70bn | CHF 3.46bn | CHF 3.20bn | CHF 3.14bn | CHF 2.68bn |
| Shares outstanding | 53m | 53m | 53m | 53m | 53m | 53m | 53m | 53m | 53m | 53m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CHF 681.2m | CHF 739.4m | CHF 703.7m | CHF 729.8m | CHF 14.1m | CHF 529.5m | CHF 468.9m | CHF 373.4m | CHF 493.4m | CHF 358.1m |
| Capital spending | −CHF 377.7m | −CHF 452.6m | −CHF 354.0m | −CHF 258.4m | −CHF 244.4m | −CHF 220.6m | −CHF 234.4m | −CHF 228.2m | −CHF 244.9m | −CHF 254.5m |
| Free cash flow | CHF 303.5m | CHF 286.8m | CHF 349.7m | CHF 471.4m | −CHF 230.3m | CHF 308.9m | CHF 234.5m | CHF 145.2m | CHF 248.5m | CHF 103.6m |
| Dividends paid | −CHF 195.0m | −CHF 196.4m | −CHF 213.8m | −CHF 151.9m | −CHF 131.9m | −CHF 125.1m | −CHF 102.4m | −CHF 102.9m | −CHF 87.2m | −CHF 79.1m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CHF 2.11bn | CHF 2.11bn | CHF 2.14bn | CHF 2.36bn | CHF 2.23bn | CHF 2.10bn | CHF 2.33bn | CHF 2.86bn |
| Operating income | CHF 237.2m | CHF 229.5m | CHF 310.7m | CHF 328.5m | CHF 438.3m | CHF 169.5m | CHF 401.5m | CHF 692.5m |
| Net income | CHF 201.6m | CHF 170.2m | CHF 186.6m | CHF 272.7m | CHF 349.5m | CHF 151.5m | CHF 326.6m | CHF 491.5m |
| Diluted earnings per share | 3.82 | 3.23 | 3.54 | 5.17 | 6.62 | 2.87 | 6.19 | 9.31 |
| Cash from operations | CHF 142.0m | CHF 497.0m | CHF 184.0m | CHF 547.0m | CHF 186.0m | CHF 193.0m | CHF 516.0m | CHF 557.0m |
| Capital spending | −CHF 178.0m | −CHF 182.0m | −CHF 195.0m | −CHF 243.0m | −CHF 197.0m | −CHF 225.0m | −CHF 128.0m | −CHF 141.0m |
| Free cash flow | −CHF 36.0m | CHF 315.0m | −CHF 11.0m | CHF 304.0m | −CHF 11.0m | −CHF 32.0m | CHF 388.0m | CHF 416.0m |
| Total assets | CHF 11.41bn | CHF 11.64bn | CHF 10.97bn | CHF 11.60bn | CHF 11.10bn | CHF 11.01bn | CHF 11.15bn | CHF 11.97bn |
| Cash and short-term investments | CHF 699.7m | CHF 1.05bn | CHF 796.1m | CHF 1.01bn | CHF 768.0m | CHF 915.8m | CHF 889.9m | CHF 837.7m |
| Debt | CHF 90.7m | CHF 1.63bn | CHF 494.8m | CHF 1.66bn | CHF 301.4m | CHF 1.70bn | CHF 126.0m | CHF 1.87bn |
| Shareholders' equity | CHF 5.51bn | CHF 5.47bn | CHF 5.15bn | CHF 5.21bn | CHF 4.89bn | CHF 4.62bn | CHF 4.48bn | CHF 4.07bn |
Financial ratios
Data as of 9 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 6.5% | 19.7% | 13.7% | 15.6% | 12.4% | 15.1% |
| Net margin | 8.5% | 13.7% | 10.8% | 10.9% | 9.0% | 12.3% |
| Return on equity | 6.5% | 11.9% | 10.4% | 13.5% | 7.8% | 9.8% |
| Return on assets | 3.1% | 5.4% | 4.3% | 4.6% | 2.5% | 3.8% |
| Free cash flow yield | 17.1% | 19.3% | 17.1% | 16.0% | 4.2% | 12.1% |
| Revenue growth | -7.6% | 2.6% | -12.5% | 49.8% | 15.1% | 8.3% |
| Earnings growth | -42.7% | 30.2% | -13.1% | 80.6% | -15.8% | -7.5% |
| Current ratio | 1.58x | 1.48x | 1.29x | 1.21x | 1.06x | 1.62x |
| Debt to equity | 0.30x | 0.32x | 0.37x | 0.46x | 0.44x | 0.37x |
| Equity ratio | 46.9% | 44.9% | 41.9% | 34.0% | 32.3% | 38.8% |
| Interest coverage | 5.12x | 15.35x | 8.29x | 16.08x | 10.66x | 11.21x |
| Buybacks as a share of market value | -0.0% | 0.0% | 0.0% | -0.0% | -0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -6.0% | 7.4% | 4.9% |
| Operating income | -33.2% | -3.0% | -2.0% |
| Net income | -13.4% | -0.3% | 2.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 10.6% | 13.5% | 12.3% | 13.0% |
| Net margin | 11.2% | 11.0% | 10.9% | 11.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 24.9 | 12.7 | 16.5 | 12.1 | 20.6 | 14.5 | 9.6 | 19.5 | 12.2 | 8.4 |
| Price to sales | 2.1 | 1.7 | 1.8 | 1.3 | 1.9 | 1.8 | 1.4 | 1.4 | 1.3 | 1.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 36 years. Last went ex-dividend on 30 Apr 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 3.80 | 3.70 | 3.40 | 1.25 | 2.60 | 2.40 | 2.20 | 1.80 |
- 1-to-1 reverse split · 12 Dec 2011
- 10-for-1 split · 6 Jun 2005
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.