Half-Year Report 2025

Key figures

CHF million

H1 2025

 

H1 2024

 

 

 

 

 

 

Order intake

309.4

 

304.7

 

Change compared to prior year

1.5%

 

–27.6%

 

Change compared to prior year at constant exchange rates

3.5%

 

–24.5%

 

Backlog

229.6

 

238.5

 

Net sales

304.6

 

330.9

 

Change compared to prior year

–7.9%

 

–29.3%

 

Change compared to prior year at constant exchange rates

–6.2%

 

–26.3%

 

EBITDA

0.1

 

–12.8

 

in % of net sales

0.0%

 

–3.9%

 

Operating result (EBIT)

–7.9

 

–23.0

 

in % of net sales

–2.6%

 

–6.9%

 

Net result

–12.9

 

–20.8

 

in % of net sales

–4.2%

 

–6.3%

 

Operating free cash flow

–23.2

 

–26.9

 

CAPEX

4.6

 

5.6

 

Net operating assets (NOA)

243.1

 

308.7

 

Return on net operating assets (RONOA)

–8.7%

 

–15.2%

 

Equity

615.4

 

685.6

 

in % of total assets

71.7%

 

70.0%

 

Earnings per class A registered share in CHF

–6.22

 

–10.08

 

Average number of full-time equivalents

2,940

 

3,353

 

 

 

 

 

 

Business Review Editorial