| CHF millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 118.6 | 127.4 | 127.8 | 129.6 | 123.7 | 69.6 | −43.7% | |
| Depreciation & amortization | 160.1 | 163.4 | 162.8 | 173.9 | 183.9 | 253.3 | +37.7% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | (30.9) | 0.6 | (55.2) | (2.5) | (3.6) | (53.7) | −1391.7% | |
| Operating cash flow | 246.0 | 293.5 | 241.4 | 311.7 | 301.3 | 274.8 | −8.8% | |
| Capital expenditure | (232.7) | (238.9) | (255.2) | (318.7) | (302.8) | (262.0) | +13.5% | |
| Acquisitions | 14.1 | 1.8 | 4.5 | 1.2 | 2.0 | 0.2 | −90.0% | |
| Investing cash flow | (225.9) | (246.6) | (254.8) | (325.9) | (311.0) | (239.2) | +23.1% | |
| Dividends paid | (34.5) | (40.7) | (43.9) | (43.9) | (43.9) | (43.9) | +0.0% | |
| Share buybacks | 0.0 | 0.0 | (0.6) | 0.0 | (1.6) | (4.2) | −162.5% | |
| Debt issued / repaid | 0.0 | (0.9) | 125.0 | 270.0 | (200.0) | (80.0) | +60.0% | |
| Financing cash flow | (43.0) | (39.6) | 144.7 | 124.9 | (245.5) | (80.1) | +67.4% | |
| Free cash flow | 13.3 | 54.6 | (13.8) | (7.0) | (1.5) | 12.8 | +953.3% | |
| Net change in cash | (23.5) | 6.8 | 130.4 | 110.0 | (254.9) | (44.7) | +82.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
