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Dottikon Es Holding (DESN) investor relations material
Dottikon Es Holding H1 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for April–September 2025/26 reached CHF 196.1 million, up 24.9% year-over-year, driven by broad-based product and customer growth and earlier customer call-offs amid tariff uncertainty.
EBITDA rose 45.4% to CHF 69.3 million, with a margin of 35.4%. EBIT increased 50.0% to CHF 56.0 million, and net income grew 47.7% to CHF 47.6 million, with a net income margin of 24.3%.
Operating cash flow surged to CHF 81.6 million from CHF 23.8 million, reflecting strong profitability and working capital management.
Investments in new production plants and capacity expansion continued, with property, plant, and equipment rising by CHF 19.5 million.
The company expects net sales for the full year 2025/26 to exceed the previous year’s figure.
Financial highlights
Net sales: CHF 196.1 million (+24.9% year-over-year).
EBITDA: CHF 69.3 million (+45.4%), margin 35.4%.
EBIT: CHF 56.0 million (+50.0%), margin 28.6%.
Net income: CHF 47.6 million (+47.7%), margin 24.3%.
Operating cash flow: CHF 81.6 million (+243.2%).
Shareholders’ equity: CHF 1,040.0 million, equity ratio 74.9%.
Outlook and guidance
Net sales for the full business year 2025/26 are expected to surpass the previous year’s level.
High investment levels will continue as new production lines and plants are commissioned and operationalized through 2026.
The company is preparing for increased demand for chemical development and manufacturing capacities, especially for innovative small-molecule APIs.
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