Consolidated income statement

CHF million, except share amounts

 

Reporting half-year ended 31.12.2025

%

 

Reporting half-year ended 31.12.2024

%

Net sales

 

1,362.7

100.0

 

1,421.3

100.0

Cost of goods sold

 

–806.0

–59.1

 

–836.9

–58.9

Gross margin

 

556.7

40.9

 

584.4

41.1

Sales and marketing

 

–265.8

–19.6

 

–271.7

–19.1

General administration

 

–98.1

–7.2

 

–107.0

–7.5

Research and development

 

–53.6

–3.9

 

–53.3

–3.8

Other operating income

 

7.9

0.6

 

12.6

0.9

Other operating expenses

 

–16.2

–1.2

 

–15.1

–1.1

Operating profit (EBIT)

 

130.9

9.6

 

149.9

10.5

Result from associates

 

0.0

0.0

 

0.0

0.0

Financial expenses

 

–21.4

–1.6

 

–20.6

–1.4

Financial income

 

1.0

0.1

 

1.4

0.1

Profit before taxes

 

110.5

8.1

 

130.7

9.2

Income taxes

 

–33.1

–2.4

 

–34.0

–2.4

Net profit

 

77.4

5.7

 

96.7

6.8

Net profit attributable to minority interests

 

36.9

 

 

46.3

 

Net profit attributable to the owners of the parent

 

40.5

 

 

50.4

 

Basic earnings per share in CHF 1

 

0.97

 

 

1.20

 

Diluted earnings per share in CHF 1

 

0.96

 

 

1.19

 

1 The Annual General Meeting approved the 1-for-10 share split on 21 October 2025. To enable a fair comparison with the current year, prior-year disclosure was adjusted accordingly.