| CHF millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 26.6 | 56.0 | 36.6 | 41.9 | (67.6) | (28.9) | +57.2% | |
| Depreciation & amortization | 18.1 | 18.5 | 21.7 | 21.0 | 25.9 | 13.7 | −47.1% | |
| Stock-based compensation | 2.0 | 1.6 | 0.8 | 1.1 | 0.0 | 0.0 | — | |
| Change in working capital | 15.6 | (0.9) | (81.8) | 49.4 | 71.6 | 6.4 | −91.1% | |
| Operating cash flow | 78.7 | 49.4 | (16.5) | 53.6 | 14.0 | (7.9) | −156.4% | |
| Capital expenditure | (39.4) | (34.0) | (23.4) | (13.2) | (10.1) | (7.7) | +23.8% | |
| Acquisitions | 21.5 | 328.7 | 19.3 | 1.2 | 0.2 | 0.7 | +250.0% | |
| Investing cash flow | (14.4) | 270.9 | (99.9) | (18.9) | (88.6) | 74.4 | +184.0% | |
| Dividends paid | (86.8) | (124.1) | (124.1) | (24.8) | (24.8) | (8.3) | +66.5% | |
| Share buybacks | (0.1) | (1.6) | (1.0) | (0.5) | (1.3) | (0.8) | +38.5% | |
| Debt issued / repaid | 3.7 | (1.3) | (5.1) | 0.0 | (1.7) | 2.6 | +252.9% | |
| Financing cash flow | (89.6) | (127.2) | (130.1) | (24.0) | (27.8) | (6.5) | +76.6% | |
| Free cash flow | 39.3 | 15.4 | (39.9) | 40.4 | 3.9 | (15.6) | −500.0% | |
| Net change in cash | (27.6) | 192.4 | (249.1) | 8.0 | (101.6) | 57.7 | +156.8% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
