| CHF millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (89.8) | 31.7 | 12.1 | 74.0 | 10.5 | (63.3) | −702.9% | |
| Depreciation & amortization | 36.4 | 37.2 | 52.6 | 52.7 | 53.8 | 57.0 | +5.9% | |
| Stock-based compensation | 1.1 | 2.0 | 0.9 | 1.4 | 0.0 | 0.0 | — | |
| Change in working capital | 12.4 | 82.1 | (131.1) | 60.3 | (25.0) | (26.5) | −6.0% | |
| Operating cash flow | (49.8) | 165.7 | (76.2) | 69.3 | 36.3 | (50.3) | −238.6% | |
| Capital expenditure | (28.6) | (39.3) | (46.7) | (41.2) | (25.6) | (15.2) | +40.6% | |
| Acquisitions | 1.5 | (313.5) | 12.9 | 91.9 | 4.0 | 25.4 | +535.0% | |
| Investing cash flow | (25.0) | (352.9) | (30.2) | 49.4 | (21.1) | 11.5 | +154.5% | |
| Dividends paid | (20.1) | 0.0 | (18.0) | (6.7) | (13.5) | (9.1) | +32.6% | |
| Share buybacks | (6.3) | 0.0 | (3.3) | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 104.4 | 149.9 | 56.2 | (139.4) | (30.4) | (56.3) | −85.2% | |
| Financing cash flow | 78.0 | 151.4 | 34.9 | (151.6) | (50.3) | 398.2 | +891.7% | |
| Free cash flow | (78.4) | 126.4 | (122.9) | 28.1 | 10.7 | (65.5) | −712.1% | |
| Net change in cash | (2.7) | (33.6) | (73.0) | (40.1) | (32.4) | 350.4 | +1181.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
