| CHF millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 86.7 | 115.7 | 122.8 | 137.0 | 146.8 | 181.6 | +23.7% | |
| Depreciation & amortization | 31.3 | 33.0 | 36.7 | 35.8 | 36.5 | 38.4 | +5.2% | |
| Stock-based compensation | 3.3 | 3.9 | 3.2 | 3.3 | 0.0 | 0.0 | — | |
| Change in working capital | 4.2 | (6.4) | (56.5) | 6.5 | 9.0 | (47.1) | −624.8% | |
| Operating cash flow | 124.8 | 152.5 | 112.5 | 157.0 | 194.1 | 184.2 | −5.1% | |
| Capital expenditure | (29.0) | (46.7) | (54.7) | (38.3) | (58.7) | (79.4) | −35.3% | |
| Acquisitions | 0.3 | 0.2 | 0.3 | 0.4 | 0.1 | 0.2 | +220.3% | |
| Investing cash flow | (32.5) | (107.5) | (21.8) | (21.1) | (103.1) | (61.6) | +40.3% | |
| Dividends paid | (92.2) | (92.2) | (104.5) | (104.5) | (104.5) | (116.8) | −11.8% | |
| Share buybacks | (3.7) | (5.2) | (4.1) | (3.6) | (4.0) | (0.4) | +89.2% | |
| Debt issued / repaid | (2.4) | (4.2) | (3.8) | 0.1 | 5.9 | 5.8 | −0.6% | |
| Financing cash flow | (97.7) | (100.6) | (111.8) | (108.7) | (105.9) | (115.8) | −9.3% | |
| Free cash flow | 95.9 | 105.7 | 57.8 | 118.6 | 135.4 | 104.8 | −22.6% | |
| Net change in cash | (7.6) | (55.5) | (22.6) | 24.1 | (13.7) | 3.5 | +125.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
