Consolidated
Financial Statements

Consolidated statement of profit or loss

for the year ended December 31, 2025

In millions of CHF

Note

2025

2024

Net sales

7

13,760

13,493

Advertising income

223

232

Turnover

13,983

13,725

Cost of sales

 (5,029)

 (4,924)

Gross profit

8,954

8,801

Lease expenses

8

 (1,912)

 (1,951)

Personnel expenses

9

 (2,778)

 (2,749)

Depreciation and amortization

 (1,935)

 (1,787)

Impairment, net

18

9

 (62)

Other expenses

10

 (1,301)

 (1,416)

Other income

11

66

98

Operating profit

1,103

934

Finance expenses

12.1

 (732)

 (764)

Finance income

12.2

149

159

Foreign exchange gain  loss)

 (51)

18

Profit before tax

469

347

Income tax expenses

13

 (130)

 (87)

Net profit

339

260

Attributable to

Non-controlling interests

140

157

Equity holders of the Avolta AG

199

103

Earnings per share attributable to equity holders of Avolta AG

Basic earnings per share in CHF

1.39

0.70

Diluted earnings per share in CHF

1.36

0.68

Consolidated Financial Statements

Avolta delivers a solid 2025.

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Financial Report

Profitable, cash generative growth and returns generation.

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