- Recurring EBIT increased by 10.8% in local currency, with a margin of 18.3%.
- EPS grew by 7.4% before impairment and divestments.
- 11 value-accretive M&A transactions were completed.
- FY2025 guidance aligns with NextGen Growth 2030 targets.
Financial Performance
In the first half of the year, recurring EBIT increased by 10.8% in local currency, while net sales rose by 1.8%. The recurring EBIT margin reached 18.3%, marking an improvement of 90 basis points. Earnings per share grew by 7.4% before accounting for impairment and divestments.
Mergers and Acquisitions
The company executed 11 value-accretive M&A transactions, focusing on attractive markets. This disciplined approach to mergers and acquisitions is part of the broader strategy to drive growth and enhance value.
Future Guidance
Following the completion of a spin-off, the company remains confident in its full-year 2025 guidance. The targets are aligned with the NextGen Growth 2030 strategy, aiming for recurring EBIT growth of 6% to 10% in local currency, excluding large M&A, and maintaining a margin above 18%. The company also projects a free cash flow before leases of around CHF 2 billion.
