Continuing to deliver on transformation and expanding adjusted EBITDA margin
Half-year Report 2025/26
Shareholder Letter
Further adjusted EBITDA margin expansion
Organic net sales growth
2.0%
Net sales CHF 1,362.7m
Adjusted EBITDA margin
15.6%
+40 bps
Adjusted operating cash flow margin
4.5%
–290 bps
Business Performance
AccessSolutions
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Key & WallSolutionsand OEM
PDF Half-year Report 2025/26
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