de

Consolidated income statement

in CHF thousand

 

Notes

2025

%

2024

%

Sales of products

 

4,709,876

 

4,314,316

 

Sales of services

 

35,814

 

34,496

 

Net sales

1

4,745,690

100.0

4,348,812

100.0

 

 

 

 

 

 

Change in inventories of semi-finished and finished products

 

8,901

-0.2

-27,401

0.6

Cost of materials and services

 

-2,876,523

60.6

-2,656,477

61.1

Gross profit

 

1,878,068

39.6

1,664,934

38.3

 

 

 

 

 

 

Other operating income

2

11,643

0.2

7,574

0.2

 

 

 

 

 

 

Personnel expenses

 

-742,461

15.6

-625,599

14.4

Other operating expenses

3

-654,999

13.8

-616,285

14.2

Operating expenses

 

-1,397,460

29.4

-1,241,884

28.6

 

 

 

 

 

 

Earnings before interest 1) , taxes, depreciation and amortisation (EBITDA)

 

492,251

10.4

430,624

9.9

 

 

 

 

 

 

Depreciation of property, plant and equipment

4

-126,691

2.7

-111,272

2.5

Amortisation of intangible assets

4

-30,938

0.6

-16,663

0.4

Earnings before interest 1) and taxes (EBIT)

 

334,622

7.1

302,689

7.0

 

 

 

 

 

 

Income from associates and joint ventures

 

-183

 

-580

 

Financial result

5

-38,319

 

-21,420

 

Earnings before income taxes (EBT)

 

296,120

6.2

280,689

6.5

 

 

 

 

 

 

Income taxes

6

-48,597

 

-42,566

 

Profit incl. minority interests

 

247,523

5.2

238,123

5.5

 

 

 

 

 

 

Minority interests

 

-20,467

 

-17,835

 

Net profit

 

227,056

4.8

220,288

5.1

 

 

 

 

 

 

Earnings per share (diluted/basic in CHF)

7

42.44

 

41.18

 

1) Incl. income from associates and joint ventures and other financial positions that are reported in the financial result.