In thousands of CHF, for the six months ended 30 June | 2026 | 2025 |
|---|---|---|
Cash flows from operating activities | ||
Profit (loss) for the period | 18,875 | 10,436 |
Adjustments for: | ||
– Depreciation and amortization | 11,045 | 10,186 |
– Gain on sale of property, plant and equipment | – | – 16 |
– Other non–cash expense (income) | – 100 | 318 |
– Financial result without foreign exchange (gain) loss | 72 | 79 |
– Result of equity–accounted investees | 3,323 | 3,018 |
– Equity–settled share–based payment transactions | 182 | 29 |
– Tax expense (income) | 3,720 | 2,892 |
Changes in: | ||
– Trade and other receivables | – 13,960 | – 3,933 |
– Prepaid expenses | – 963 | – 1,222 |
– Inventories | 5,783 | – 4,428 |
– Trade and other payables | 3,207 | 2,972 |
– Accrued expenses | 2,905 | 603 |
– Employee benefits | 807 | 3,663 |
– Asset from employer contribution reserve (in financial assets) | – | 2,736 |
– Provisions | – 445 | 1,222 |
Interest and bank charges received (paid) | – 52 | – 79 |
Income taxes paid | – 416 | – 98 |
Net cash from operating activities | 33,983 | 28,378 |
Cash flows from investing activities | ||
Investments in property, plant and equipment | – 19,392 | – 9,248 |
Proceeds from sale of property, plant and equipment | – | 17 |
Acquisition of business, net of cash acquired | – | – 222 |
Change of loans receivable | – | – 413 |
Investments in intangible assets | – 197 | – 378 |
Development expenditure capitalized | – 3,816 | – 3,151 |
Net cash from investing activities | – 23,405 | – 13,395 |
Cash flows from financing activities | ||
Repurchase of treasury shares | – | – 72 |
Change in financial liabilities | 572 | – |
Net cash from financing activities | 572 | – 72 |
Net change in cash and cash equivalents | 11,150 | 14,911 |
Cash and cash equivalents at 1 January | 73,278 | 54,394 |
Currency translation | – 588 | – 1,067 |
Cash and cash equivalents at 30 June | 83,840 | 68,238 |