M 
350.50
+0.86%
Close of 9 Nov 2026, in CHF
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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 353.8m
FY2016FY2025
Net income
CHF 192.9m
FY2016FY2025
Free cash flow
CHF 17.9m
FY2016FY2025
Shareholders' equity
CHF 2.11bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CHF 353.8m | CHF 247.7m | CHF 237.0m | CHF 270.8m | CHF 270.7m | CHF 264.5m | CHF 192.6m | CHF 183.6m | CHF 316.6m | CHF 272.3m |
| Research and development | — | — | CHF 0 | CHF 1 | CHF 1 | CHF 0 | CHF 1 | CHF 1 | CHF 0 | CHF 1 |
| Operating income | CHF 176.3m | CHF 156.3m | CHF 80.4m | CHF 150.8m | CHF 141.3m | CHF 109.9m | CHF 78.1m | CHF 66.2m | CHF 91.4m | CHF 89.7m |
| Net income | CHF 192.9m | CHF 125.2m | CHF 46.6m | CHF 135.3m | CHF 139.4m | CHF 96.6m | CHF 103.2m | CHF 90.6m | CHF 91.7m | CHF 158.7m |
| Diluted earnings per share | 25.99 | 17.26 | 6.43 | 18.48 | 20.87 | 14.47 | 15.64 | 13.96 | 14.74 | 25.52 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CHF 4.46bn | CHF 3.97bn | CHF 3.82bn | CHF 3.86bn | CHF 3.78bn | CHF 3.63bn | CHF 3.47bn | CHF 3.37bn | CHF 3.20bn | CHF 3.03bn |
| Cash and short-term investments | CHF 27.5m | CHF 43.5m | CHF 39.4m | CHF 24.7m | CHF 24.6m | CHF 99.5m | CHF 45.8m | CHF 153.6m | CHF 87.1m | CHF 173.9m |
| Total liabilities | CHF 2.35bn | CHF 2.05bn | CHF 1.95bn | CHF 1.96bn | CHF 2.12bn | CHF 2.07bn | CHF 1.94bn | CHF 1.85bn | CHF 1.80bn | CHF 1.67bn |
| Debt | CHF 1.94bn | CHF 1.68bn | CHF 1.62bn | CHF 1.62bn | CHF 1.79bn | CHF 1.73bn | CHF 1.60bn | CHF 1.54bn | CHF 1.51bn | CHF 1.35bn |
| Shareholders' equity | CHF 2.11bn | CHF 1.92bn | CHF 1.87bn | CHF 1.90bn | CHF 1.65bn | CHF 1.56bn | CHF 1.53bn | CHF 1.51bn | CHF 1.38bn | CHF 1.35bn |
| Shares outstanding | 7m | 7m | 7m | 7m | 7m | 7m | 7m | 6m | 6m | 6m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CHF 22.2m | CHF 120.6m | CHF 116.1m | CHF 173.5m | CHF 78.5m | CHF 88.0m | CHF 12.5m | CHF 104.4m | CHF 78.6m | CHF 81.6m |
| Capital spending | −CHF 4.3m | −CHF 4.8m | −CHF 12.4m | −CHF 3.5m | −CHF 1.7m | −CHF 1.2m | −CHF 2.6m | −CHF 4.1m | −CHF 6.3m | −CHF 89.6m |
| Free cash flow | CHF 17.9m | CHF 115.7m | CHF 103.7m | CHF 170.1m | CHF 76.8m | CHF 86.7m | CHF 9.8m | CHF 100.3m | CHF 72.3m | −CHF 8.0m |
| Dividends paid | −CHF 37.4m | −CHF 36.3m | −CHF 36.3m | −CHF 66.0m | −CHF 66.0m | −CHF 66.0m | −CHF 66.0m | −CHF 27.4m | −CHF 62.2m | −CHF 62.2m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CHF 155.8m | CHF 193.5m | CHF 161.5m | CHF 143.2m | CHF 113.5m | CHF 135.3m | CHF 98.7m | CHF 169.0m |
| Operating income | CHF 69.2m | CHF 77.4m | CHF 141.6m | CHF 67.9m | CHF 61.4m | CHF 77.0m | CHF 59.5m | CHF 83.3m |
| Net income | CHF 126.8m | CHF 83.2m | CHF 109.8m | CHF 59.6m | CHF 65.6m | CHF 12.4m | CHF 34.3m | CHF 71.8m |
| Diluted earnings per share | 17.02 | 11.21 | 14.78 | 8.21 | 9.04 | 1.71 | 4.72 | 9.80 |
| Cash from operations | CHF 105.0m | CHF 17.0m | CHF 4.0m | CHF 72.0m | CHF 28.0m | CHF 57.0m | CHF 42.0m | CHF 96.0m |
| Capital spending | — | — | — | — | — | −CHF 8.0m | — | — |
| Free cash flow | — | — | — | — | — | CHF 49.0m | — | — |
| Total assets | CHF 4.52bn | CHF 4.46bn | CHF 4.13bn | CHF 3.97bn | CHF 3.87bn | CHF 3.83bn | CHF 3.95bn | CHF 3.86bn |
| Cash and short-term investments | CHF 19.8m | CHF 27.5m | CHF 29.1m | CHF 43.5m | CHF 28.6m | CHF 39.4m | CHF 109.1m | CHF 24.7m |
| Debt | CHF 418.4m | CHF 1.94bn | CHF 1.78bn | CHF 1.68bn | CHF 1.67bn | CHF 1.62bn | CHF 1.75bn | CHF 1.62bn |
| Shareholders' equity | CHF 2.16bn | CHF 2.11bn | CHF 1.96bn | CHF 1.92bn | CHF 1.86bn | CHF 1.87bn | CHF 1.86bn | CHF 1.90bn |
Financial ratios
Data as of 25 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 72.9% | 69.8% | 33.9% | 67.8% | 52.2% | 41.5% | — | — |
| Net margin | 54.5% | 50.6% | 19.7% | 50.0% | 51.5% | 36.5% | — | — |
| Return on equity | 9.2% | 6.5% | 2.5% | 7.1% | 8.4% | 6.2% | — | — |
| Return on assets | 4.3% | 3.2% | 1.2% | 3.5% | 3.7% | 2.7% | — | — |
| Free cash flow yield | 1.1% | 5.1% | 5.2% | 7.2% | 3.5% | 4.0% | — | — |
| Revenue growth | 42.9% | 4.5% | -12.5% | 0.0% | 2.3% | 37.4% | — | — |
| Earnings growth | 54.1% | 168.4% | -65.5% | -2.9% | 44.3% | -6.3% | — | — |
| Current ratio | 0.14x | 1.18x | 0.11x | 5.49x | 5.69x | 16.61x | — | — |
| Debt to equity | 0.92x | 0.87x | 0.86x | 0.85x | 1.08x | 1.10x | — | — |
| Equity ratio | 47.2% | 48.3% | 48.9% | 49.3% | 43.8% | 43.1% | — | — |
| Interest coverage | 11.13x | 7.83x | 3.76x | 11.02x | 6.41x | 3.64x | — | — |
| R&D as a share of sales | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Buybacks as a share of market value | -2.3% | -0.0% | 1.0% | -9.7% | -0.0% | -1.2% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 9.3% | 6.0% | 6.0% |
| Operating income | 5.3% | 9.9% | 9.0% |
| Net income | 12.6% | 14.8% | 6.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 55.3% | 50.8% | 49.6% | 43.3% |
| Net margin | 52.9% | 45.1% | 44.8% | 45.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 14.0 | 17.0 | 40.6 | 12.8 | 14.6 | 19.8 | 18.4 | 16.8 | 17.7 | 10.0 |
| Price to sales | 7.6 | 8.6 | 8.0 | 6.4 | 7.5 | 7.2 | 9.9 | 8.3 | 5.1 | 5.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 20 years. Last went ex-dividend on 2 Apr 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 5.15 | 5.15 | 5.00 | 5.00 | 9.879 | 9.879 | 9.879 | 9.879 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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