| CHF millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 152.9 | 161.5 | 169.3 | 158.0 | 170.4 | 179.6 | +5.4% | |
| Depreciation & amortization | 26.5 | 25.0 | 26.0 | 27.5 | 26.8 | 0.0 | −100.0% | |
| Stock-based compensation | 0.9 | 0.1 | 0.5 | 0.6 | 0.0 | 0.0 | — | |
| Change in working capital | (3.7) | (52.0) | (5.1) | 15.6 | (10.3) | (52.5) | −409.0% | |
| Operating cash flow | 233.3 | 174.6 | 243.4 | 188.5 | 260.6 | 219.4 | −15.8% | |
| Capital expenditure | (14.0) | (10.0) | (15.1) | (1,605.8) | (10.3) | (12.0) | −16.5% | |
| Acquisitions | 0.0 | 0.0 | (50.6) | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | 229.1 | 34.5 | (471.9) | (233.4) | (112.6) | (58.8) | +47.8% | |
| Dividends paid | (110.2) | (110.2) | (113.0) | (115.9) | (117.4) | (124.7) | −6.2% | |
| Share buybacks | (2.2) | (0.5) | (3.0) | (1.1) | (2.1) | (6.0) | −185.1% | |
| Debt issued / repaid | (75.1) | (75.2) | 97.9 | 485.0 | (200.0) | (100.1) | +50.0% | |
| Financing cash flow | (405.1) | (258.6) | 297.6 | 352.9 | (288.6) | (162.2) | +43.8% | |
| Free cash flow | 219.2 | 164.6 | 228.3 | (1,417.2) | 250.3 | 207.4 | −17.2% | |
| Net change in cash | 57.3 | (49.6) | 69.2 | 308.0 | (140.6) | 0.0 | +100.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
