1.2Cost of material and services

in CHF mn

2025

2024

Material costs

33.1

40.3

External services

97.6

103.0

Merchandise costs

0.2

0.7

Total

131.0

144.0

The decrease in the cost of materials and services can be attributed to various factors. While the average currency-adjusted paper price remained at the previous yearʼs level, paper consumption declined (CHF –4.6 million). In addition, the purchase of services decreased, due in part to lower costs for external personnel in IT (hosting and licences) and expenses for media content (CHF –4.6 million). Changes in the scope of consolidation resulted in an effect of CHF –3.6 million.