Integrated Annual Report 2025

Financial Report – Financial statements of
Zehnder Group AG 

Income statement of Zehnder Group AG

PwC SchweizPwC Switzerland

CHF million

Notes

2025

2024

Income from participations

17.0

22.1

Other operating income

1.5

1.2

Operating income

18.5

23.3

Personnel expenses

–1.0

–1.0

Other operating expenses

–4.4

–4.1

Operating profit

13.1

18.2

Financial income

3.0

5.7

Financial expenses

–2.1

–5.1

Direct taxes

-

0.1

Net profit for the year

14.0

18.8

To the top