| CHF millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 78.1 | 114.7 | 100.7 | 111.9 | 120.2 | 148.8 | +23.7% | |
| Depreciation & amortization | 25.9 | 28.4 | 33.3 | 37.4 | 43.3 | 39.6 | −8.5% | |
| Stock-based compensation | 1.3 | 1.0 | 0.8 | 1.3 | 0.0 | 0.0 | — | |
| Change in working capital | (2.0) | (43.5) | (67.9) | (60.3) | (16.9) | 73.8 | +536.6% | |
| Operating cash flow | 114.6 | 97.2 | 92.6 | 249.9 | 147.2 | 271.4 | +84.4% | |
| Capital expenditure | (69.1) | (116.8) | (142.3) | (264.6) | (273.8) | (319.6) | −16.7% | |
| Acquisitions | 0.0 | 0.0 | (21.9) | 0.0 | 0.0 | 3.5 | — | |
| Investing cash flow | (69.3) | (469.1) | (63.2) | (171.7) | (149.8) | (325.2) | −117.2% | |
| Dividends paid | (42.0) | (20.5) | (51.6) | (56.2) | (60.0) | (30.7) | +48.8% | |
| Share buybacks | (1.0) | (0.9) | (1.4) | (0.6) | (1.1) | (2.9) | −171.8% | |
| Debt issued / repaid | 0.3 | (112.6) | (33.9) | (0.3) | (0.2) | 24.1 | +13555.3% | |
| Financing cash flow | (42.7) | 437.6 | (86.9) | 48.7 | (61.2) | (9.5) | +84.5% | |
| Free cash flow | 45.5 | (19.7) | (49.8) | (14.7) | (126.7) | (48.2) | +61.9% | |
| Net change in cash | 2.1 | 65.7 | (57.7) | 126.3 | (62.5) | (64.2) | −2.7% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
