Business
2025 Half-Year Results Below Previous Year
2025 Half-Year Results Below Previous
About this update from V-zug Holding Ltd
[{"type":"text","content":"\nV-ZUG Holding AG / Key word(s): Half Year Results\n\n2025 Half-Year Results Below Previous Year 23-Jul-2025 / 06:30 CET/CEST\n\nRelease of an ad hoc announcement pursuant to Art. 53 LR\n\nThe issuer is solely responsible for the content of this announcement.Zug, 23 July 2025MEDIA / INVESTOR RELEASEAd hoc announcement pursuant to Art. 53 LRIntroduction of a new partner model; challenging environment in Switzerland and Asia In the first half of 2025, V-ZUG achieved net sales of CHF 271.2 million, 4.5% below the previous year (CHF 284.1 million; currency adjusted -4.2%). While net sales in the domestic market Switzerland as well as Asia decreased, Europe developed steadily and North America positively. The operating profit (EBIT) amounted to CHF 3.0 million, thus declining year on year (previous year: CHF 8.8 million). The decline can primarily be attributed to lower sales volumes. The order book is encouraging, largely due to international projects in the second half of the year. It is anticipated that seasonal effects, efficiency improvements and a sustained systematic focus on the current needs of partners and customers, both domestically and abroad, will also contribute to an improvement in results. V‑ZUG aims to increase net sales and profitability in the second half of 2025 compared to the previous year. Given the half-year results, there is a risk that the annual results for 2025 will not exceed the previous year’s level.In the first half of 2025, sales amounted to CHF 271.2 million, which is 4.5% below the previous year (CHF 284.1 million). The decline is attributable to lower sales volumes in the domestic Swiss market and in Asian markets, while Europe remained stable and North America recorded positive growth. Currency-adjusted, net sales declined overall by 4.2%. The first half of 2025 included two working days less than in the same period of the previous year. Without calendar and currency effects, net sales decreased by 3.1%.Stable gross profit margin \nThe operating result (EBIT) amounted to CHF 3.0 million, which is lower than the previous year (CHF 8.8 million). Overall, the EBIT margin reached 1.1% (previous year: 3.1%). The gross profit margin remained stable despite a lower utilisation of production capacities. This is – in part – thanks to the efficiency improvements achieved through “Simplify” and the ne...