AEVIS (AEVIS) Q3 2025 earnings summary

Executive summary

• Consolidated gross revenue reached CHF 899.2 million for the first nine months of 2025, up 18.2% year-over-year.

• Net revenue rose to CHF 789.9 million, an 18.1% increase compared to the same period in 2024.

• Growth was primarily driven by the Healthcare and Hospitality divisions, with adjusted organic growth at 2.6%.

Financial highlights

• Gross revenue increased by CHF 138.2 million year-over-year for the nine-month period.

• Net revenue grew by CHF 121.3 million compared to the first nine months of 2024.

• Adjusted organic growth in net revenue was 1.5% year-over-year.

Outlook and guidance

• The winter season for the Hospitality division is expected to be strong, with Switzerland's appeal as a travel destination rising.

• Remaining real estate units in Zermatt will be marketed by the end of 1Q2026, supporting future revenue.