Appropriation of available earnings
The Board of Directors proposes to the Annual General Meeting of Shareholders on April 15, 2026, to allocate the profit carried forward as follows:
31.12.2024 Approved | 31.12.2025 Proposed | |
| CHF 1,000 |
|
|
| Profit carried forward from previous year | 225,356 | 241,747 |
|
| |
| Profit for the period | 35,405 | 36,545 |
| Loss on treasury shares | - | (5,918) |
|
| |
| Available retained earnings | 260,761 | 272,374 |
|
| |
Dividend paid as approved by the annual general meeting of shareholders on April 15, 2025: CHF 1.50 per share with a nominal value of CHF 0.10 each (total 12,675,241 shares eligible for dividend) | (19,014) |
|
|
| |
Dividend proposed: CHF 1.50 per share with a nominal value of CHF 0.10 each (total 12,533,970 shares eligible for dividend)1 |
| (18,801) |
|
| |
| Balance to be carried forward | 241,747 | 253,573 |
The Board of Directors also proposes to the Annual General Meeting of Shareholders to allocate the capital contribution reserve as follows:
31.12.2024 Approved | 31.12.2025 Proposed | |
| CHF 1,000 |
|
|
| Carried forward from previous year | 435,857 | 430,716 |
|
| |
| Conditional share capital increase | 13,873 | - |
|
| |
| Available capital contribution reserve | 449,730 | 430,716 |
|
| |
Payout as approved by the annual general meeting of shareholders on April 15, 2025: CHF 1.50 per share with a nominal value of CHF 0.10 each (total 12'675'241 shares eligible for payout) | (19,014) |
|
|
| |
Payout (exempt form Swiss withholding tax) proposed: CHF 1.50 per share with a nominal value of CHF 0.10 each (total 12,533,970 shares eligible for payout)1 |
| (18,801) |
|
| |
| Balance to be carried forward | 430,716 | 411,915 |
- These numbers are based on the outstanding share capital on December 31, 2025. The number of shares eligible for dividend and payout may change due to the repurchase or sale of treasury shares. A total of 39’381 employee share options are exercisable at the end of 2025 but no shares are expected to be transferred under the performance share matching plans (PSMP) of the Group before the date of the dividend and payout.