43.94
-0.36%
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 2.98bn
FY2021FY2025
Net income
−CHF 112.2m
FY2021FY2025
Free cash flow
CHF 600.2m
FY2021FY2025
Shareholders' equity
CHF 4.05bn
FY2021FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | CHF 2.98bn | CHF 3.02bn | CHF 3.04bn | CHF 3.04bn | CHF 3.04bn |
| Operating income | CHF 37.5m | CHF 105.0m | CHF 10.7m | CHF 371.8m | CHF 50.7m |
| Net income | −CHF 112.2m | −CHF 365.8m | −CHF 316.1m | CHF 80.5m | −CHF 71.8m |
| Diluted earnings per share | -1.54 | -5.12 | -3.26 | 0.83 | -0.74 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Total assets | CHF 11.72bn | CHF 12.06bn | CHF 12.61bn | CHF 13.21bn | CHF 12.86bn |
| Cash and short-term investments | CHF 273.2m | CHF 351.8m | CHF 4.8m | CHF 2.3m | CHF 5.5m |
| Total liabilities | CHF 7.65bn | CHF 7.68bn | CHF 9.03bn | CHF 9.16bn | CHF 9.80bn |
| Debt | CHF 5.61bn | CHF 5.90bn | CHF 6.68bn | CHF 7.16bn | CHF 7.93bn |
| Shareholders' equity | CHF 4.05bn | CHF 4.36bn | CHF 3.55bn | CHF 4.03bn | CHF 3.04bn |
| Shares outstanding | 73m | 71m | 97m | 97m | 97m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Cash from operations | CHF 995.8m | CHF 1.28bn | CHF 1.20bn | CHF 1.25bn | CHF 1.27bn |
| Capital spending | −CHF 395.6m | −CHF 541.1m | −CHF 468.0m | −CHF 417.4m | −CHF 353.8m |
| Free cash flow | CHF 600.2m | CHF 738.0m | CHF 733.5m | CHF 835.3m | CHF 911.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CHF 712.9m | CHF 722.8m | CHF 788.8m | CHF 740.9m | CHF 731.6m | CHF 722.1m | CHF 784.7m | CHF 749.0m |
| Operating income | CHF 14.5m | CHF 13.4m | CHF 12.4m | CHF 45.9m | CHF 25.2m | CHF 85.4m | CHF 12.5m | CHF 41.8m |
| Net income | −CHF 23.3m | −CHF 40.3m | −CHF 50.1m | −CHF 5.4m | −CHF 55.1m | −CHF 1.6m | −CHF 143.6m | −CHF 19.4m |
| Diluted earnings per share | -0.32 | -0.55 | -0.69 | -0.07 | -0.76 | -0.02 | -2.01 | -0.27 |
| Cash from operations | CHF 348.0m | −CHF 25.0m | CHF 453.0m | CHF 292.0m | CHF 290.0m | CHF 171.0m | CHF 459.0m | CHF 268.0m |
| Capital spending | −CHF 110.0m | −CHF 138.0m | −CHF 194.0m | −CHF 95.0m | −CHF 165.0m | −CHF 108.0m | −CHF 175.0m | −CHF 119.0m |
| Free cash flow | CHF 238.0m | −CHF 163.0m | CHF 259.0m | CHF 197.0m | CHF 125.0m | CHF 63.0m | CHF 284.0m | CHF 149.0m |
| Total assets | CHF 11.33bn | CHF 11.52bn | CHF 11.72bn | CHF 11.82bn | CHF 11.63bn | CHF 11.85bn | CHF 12.06bn | — |
| Cash and short-term investments | CHF 99.8m | CHF 151.6m | CHF 273.2m | CHF 155.7m | CHF 133.8m | CHF 228.2m | CHF 351.8m | — |
| Debt | CHF 619.3m | CHF 4.59bn | CHF 5.80bn | CHF 5.62bn | CHF 5.58bn | CHF 5.85bn | CHF 5.90bn | — |
| Shareholders' equity | CHF 3.75bn | CHF 4.01bn | CHF 4.05bn | CHF 4.10bn | CHF 4.09bn | CHF 4.37bn | CHF 4.36bn | — |
Financial ratios
Data as of 22 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Operating margin | 1.3% | 1.8% | 1.9% | 12.2% | 6.8% |
| Net margin | -3.8% | -12.1% | -10.4% | 2.7% | -2.4% |
| Return on equity | -2.8% | -8.4% | -8.9% | 2.0% | -2.4% |
| Return on assets | -1.0% | -3.0% | -2.5% | 0.6% | -0.6% |
| Free cash flow yield | 44.7% | 59.5% | — | — | — |
| Revenue growth | -1.1% | -0.6% | 0.0% | -0.0% | — |
| Earnings growth | -69.3% | 15.7% | -492.7% | -212.1% | — |
| Current ratio | 0.66x | 0.71x | 0.61x | 0.64x | 0.65x |
| Debt to equity | 1.12x | 1.11x | 1.57x | 1.49x | 0.14x |
| Equity ratio | 34.5% | 36.2% | 28.2% | 30.5% | 23.7% |
| Interest coverage | 0.12x | 0.12x | 0.14x | 1.10x | 0.61x |
| Buybacks as a share of market value | -1.7% | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.6% | — | — |
| Operating income | -53.5% | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | |
|---|---|---|
| Price to earnings | -21.7 | -6.1 |
| Price to sales | 0.8 | 0.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 11 May 2026.
| FY2026 | |
|---|---|
| Paid in the year | 3.42 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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