Consolidated income statement

CHF million, except share amounts

Note

 

Financial year ended 30.06.2026

%

 

Financial year ended 30.06.2025

%

Net sales

1.2

 

2,792.4

 

 

2,870.1

 

Cost of goods sold

 

 

–1,636.9

 

 

–1,694.7

 

Gross margin

 

 

1,155.5

41.4

 

1,175.4

41.0

Sales and marketing

 

 

–527.1

 

 

–545.3

 

General administration

 

 

–205.1

 

 

–213.7

 

Research and development

 

 

–113.7

 

 

–111.8

 

Other operating income

 

 

13.2

 

 

20.2

 

Other operating expenses

1.4

 

–36.3

 

 

–28.1

 

Operating profit (EBIT)

 

 

286.5

10.3

 

296.7

10.3

Result from associates

4.2

 

0.0

 

 

–0.1

 

Financial expenses

1.5

 

–39.3

 

 

–46.3

 

Financial income

1.5

 

2.2

 

 

3.0

 

Profit before taxes

 

 

249.4

 

 

253.3

 

Income taxes

1.6

 

–64.2

 

 

–65.3

 

Net profit

 

 

185.2

 

 

188.0

 

Net profit attributable to minority interests

 

 

88.2

 

 

90.1

 

Net profit attributable to the owners of the parent

 

 

97.0

 

 

97.9

 

Basic earnings per share in CHF 1

3.3

 

2.33

 

 

2.34

 

Diluted earnings per share in CHF 1

3.3

 

2.30

 

 

2.32

 

1 The Annual General Meeting approved the 1-for-10 share split on 21 October 2025. The details are disclosed in the note on share capital and treasury shares (3.2). To enable a fair comparison with the current year, prior-year disclosure was adjusted accordingly.