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24. Government grants

In 2025 asset-related government grants of CHF 1.2 million (previous year: CHF 1.6 million) were recognised that were deducted directly from purchase costs. The grants recognised in the year under review relate to incentives for energy‑efficient refurbishments in France and the improvement of water and energy efficiency at a facility in Spain; those in the previous year were mainly for the installation of a solar power facility in the USA.

In 2025 Emmi received income-related government grants of CHF 1.0 million (previous year: CHF 1.1 million), which mainly originate from export contributions in Switzerland and were recognised as a reduction in the cost of materials.