Cashflow
in CHF mn | 30.06.2025 | 30.06.2024 | Change |
|---|---|---|---|
Net income / (loss) (EAT) | 4.2 | 24.5 | -83.0% |
Cash flow from / (used in) operating activities | 97.6 | 98.6 | -1.0% |
Cash flow from / (used in) investing activities | -18.1 | -10.1 | 79.9% |
of which investments in property, plant and equipment and intangible assets | -15.6 | -16.2 | -3.9% |
Cash flow after investing activities (FCF) | 79.5 | 88.6 | -10.2% |
of which cash flow after investing activities in property, plant and equipment and intangible assets (FCF b. M&A) | 82.1 | 82.4 | -0.4% |
Cash flow from / (used in) financing activities | -137.3 | -127.3 | 7.8% |
Change in cash and cash equivalents | -57.9 | -38.3 | 51.1% |
Net income was CHF –20.4 million lower compared to the previous year, and a positive effect from net working capital amounting to CHF 3.4 million (previous year: CHF 8.1 million) was once again realised. Cash flow from/(used in) operating activities was CHF 97.6 million and in line with the previous year figure of CHF 98.6 million, mainly because dividends from associates/joint ventures were CHF 16.9 million higher. The rise was mainly attributable to the dividend of CHF 18.4 million from SMG Swiss Marketplace Group.
The cash flow used in investing activities resulted in a cash outflow of CHF –18.1 million, which was CHF –8.0 million higher than in the previous year. The change is mainly attributable to a higher repayment of loan receivables by SMG Swiss Marketplace Group in the prior-year period. The acquisition of Green Streams GmbH (CHF –2.6 million) also took place in the current year.
Cash flow used in financing activities increased by CHF –10.0 million to CHF –137.3 million. The two biggest effects were the CHF –30.0 million buyback of treasury shares and the dividends paid to TX Group shareholders and shareholders with non-controlling interests, which were CHF 21.8 million lower than the previous year.