Business
CALIDA : Half-year report 2025
CALIDA : Half-year report
About this update from Calida Holding Ag
[{"type":"text","content":"\n \n Half-year report\n \n \n 2025\n \n \n \n FAVOURITES SUN\n \n \n CALIDA\n \n \n \n Contents\n \n \n \n \n 4 Shareholder letter\n \n \n 12 CALIDA GROUP at a glance\n 16 Consolidated interim financial statements 2025 CALIDA GROUP\n 21 Notes to the consolidated interim financial statements\n 30 Organisation and key dates\n 4\n \n \n Half-year report 2025 Shareholder letter\n \n \n \n CALIDA GROUP focuses on profitable growth - operational optimization\n \n \n and positioning in the premium segment\n \n \n \n \n Dear Shareholders,\n \n \n \n The first half (H1) of 2025 was defined by a persistently challenging market environment, many different geopolitical uncertainties, and ever-evolving customer needs and preferences. In this demanding environment, the CALIDA GROUP again demonstrated its resilience and innovative strength. The measures we initiated to optimize operations and focus on core values are progressing according to plan. The forthcoming collections are fresh and compelling in their current design and development phase but will need time to realize their full potential. The sales performance in H1 2025 reflected the difficult situation in our brands' core markets. At the same time, we are systematically keeping our strategic focus on the premium segment - through strong brand positioning, fewer promotions and a deliberate pursuit of profitable business models, forgoing volume-driven growth.\n \n \n \n Focus on core business with new Group management\n \n \n The profound economic uncertainty surrounding US trade policy and the geopolitical situation have been weighing on our industry and have impacted all our brands, especially COSABELLA, whose products are sold almost exclusively in the US\n \n \n and Canada. Given this business context, CALIDA and AUBADE had a satisfactory half year. At COSABELLA, the brand's strategic, structural and operational realignment remained front and center in H1 2025, and continued absorbing considerable financial and human resources.\n \n \n \n Our well-established and internationally positioned brands CALIDA and AUBADE are achieving steady progress on optimizing their operational structure. The CALIDA collection makeover is advancing according to plan, and will allow us to appeal to new customers. However, any material gradual impact is unlikely to be felt until the spring/summer 2026 ...