Consolidated income statement

CHF millions

Note

Half Year 2026

Half Year 2025

 

 

 

 

Net sales from goods and services

1

404.6

412.7

Other operating income

 

6.6

6.2

Changes in inventories

 

– 18.6

2.6

 

 

 

 

Material expenses

 

– 64.7

– 69.6

Energy expenses

 

– 80.5

– 88.2

Personnel expenses

 

– 91.0

– 97.2

Depreciation on tangible fixed assets

 

– 38.5

– 40.7

Amortisation/impairment on intangible assets

 

– 0.7

– 0.8

Other operating expenses

 

– 100.6

– 102.4

Costs related to plant / furnace closure and asset value adjustments

2

– 4.8

– 2.1

 

 

 

 

Operating result

 

11.8

20.5

Financial result

 

– 5.5

– 3.3

 

 

 

 

Ordinary result

 

6.3

17.2

Non-operating result 1

 

0.3

0.3

Extraordinary result

3

– 0.2

– 0.5

 

 

 

 

Profit before income taxes

 

6.4

17.0

Income taxes

4

– 1.6

– 7.2

 

 

 

 

Net profit

 

4.8

9.8

 

 

 

 

Earnings per share

5

 

 

Undiluted earnings per registered share A in CHF

 

0.24

0.50

Undiluted earnings per registered share B in CHF

 

0.05

0.10

1 This includes depreciation of CHF 0.4 million on non-operating real estate (2025: CHF 0.4 million).

Diluted earnings per share are calculated using the same method as basic earnings per share for both share categories, as there are no dilutive instruments outstanding.