Annual Report 2025

Consolidated income statement

For the period ended December 31

in CHF million1)

Note

2025

2024

Revenue1)

6

1,243.4

1,015.4

Third-party service delivery costs

–53.7

–40.2

Personnel expenses

7

–780.1

–657.2

Other operating expenses

8

–222.4

–217.0

Other operating income

20.4

15.0

Earnings before net financial items, taxes, depreciation and amortization

207.6

116.0

Depreciation, amortization and impairment

14,15,16,17

–123.7

–72.7

Earnings before net financial items and taxes

83.9

43.3

Finance income

9

25.3

38.0

Finance expenses

9

–66.1

–39.2

Foreign exchange differences, net

9

–13.6

–10.2

Earnings before income tax

29.5

31.9

Income tax expenses

10

–28.1

–33.5

Profit/(loss) for the period

1.4

–1.6

Profit/(loss) attributable to:

– Owners of the parent

0.9

–1.5

– Non-controlling interest

0.5

–0.1

Earnings/(loss) per share in CHF

– Basic

23

0.00

–0.01

– Diluted

23

0.00

–0.01

1)Refer to note 2 Other changes in presentation.

Consolidated statement of comprehensive incomeCompensation reasonable assurance report

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