Orell Füssli (OFN) CMD 2025 presentation summary

Strategic positioning and market drivers

• Recognized as a leader in security printing, education solutions, and digital identity, with a cycle-resilient business model and robust financials.

• Strategy 2028 targets >CHF 300m revenue, >8% EBIT margin, and CHF 30–50m digital business revenue.

• Key market drivers include growing demand for privacy, data protection, lifelong learning, and digital credentials.

• Addressable markets in banknotes, education, and digital identity are all projected to grow significantly through 2030.

• Long-term oriented shareholder structure and strong technology position support stability and future growth.

Business segments and growth initiatives

• Security printing: High-capacity utilization, innovation in security features, and expansion in track & trace software.

• Education: Leading Swiss publisher and distributor, expanding digital and vocational offerings, and acting as a market consolidator.

• Book retail: #1 omnichannel retailer in Switzerland, expanding footprint, digital channels, and B2B solutions.

• Digital identity: Procivis subsidiary drives EU and Swiss digital ID solutions, leveraging regulatory tailwinds and interoperability.

Financial performance and outlook

• Revenue grew 17% and EBIT 52% from 2022 to 2024, with EBIT margin rising to 8.9%.

• H1 2025 revenue up 12.1% YoY, EBITDA up 50.5%, and net profit at CHF 7.2m.

• Strong cash generation, disciplined CAPEX, and a bank debt-free balance sheet with a 74% equity ratio.

• Dividend per share increased annually since 2020, with a payout ratio of 60–80%.

• CO2 footprint reduced by 34% since 2022, reflecting ESG commitment.