January 2026
Galenica GroupStrong sales growth despite one sales day less
Net sales (in million CHF)1,900
2,021
+5.0%1,995
+5.9%2,140
3,921
+5.5%4,136
H1 2024 H2 2024 2024 H1 2025 H2 2025 2025
Galenica GroupSales growth supported by acquisition of Labor Team
Net sales (in million CHF)+5.5%
3'921
4'136
+4.8%
3'180
3'333
+6.8%
1'700
1'816
20242025
Galenica Group Products & Care Logistics & IT
Galenica GroupSales growth across all business areas
Net sales (in million CHF) | 2025 | 2024 | change |
Pharmacies Omni-Chanel | 1'473.3 | 1'404.3 | +4.9% |
Products & Brands | 194.2 | 190.2 | +2.1% |
Services & Production | 119.9 | 115.2 | +4.0% |
Diagnostics | 40.7 | 0.0 | |
Products & Care | 1'816.4 | 1'700.2 | +6.8% |
Wholesale | 3'255.3 | 3'105.2 | +4.8% |
Logistics & IT Services | 79.6 | 77.5 | +2.8% |
Logistics & IT | 3'332.6 | 3'180.5 | +4.8% |
Galenica Group | 4'135.6 | 3'921.1 +5.5% |
Strong sales growth with prescription medicines
Net sales (in million CHF)1,404
+4.9%
1,473
Portfolio of local pharmacies expanded by 5 locations: expansion impact1 of +1.6%
+5.2%
678
727
713
+4.6%
760
Generics substitution rate remains with 78.1% at high level (79.2% at Dec 2024).
H1 2024 H2 2024 2024 H1 2025 H2 2025 2025
The effect of net expansion is calculated only including point of sales without a full year period comparison (acquisitions, openings and closure of pharmacies)
Growth dampend by bridging stock sales in prior year
Net sales (in million CHF)International158
149
76
79
79
73
15
36
41
100 90
24 17
190
+2.1%
+0.7% +3.7%
101 93
21
194
-12.6%
+6.2%
Swiss market:
− Growth due to expansion of +6.1%1
− Organic growth of CH +0.1%
− Growth of CH market sales2 -0.6%
− Market share2 of 10.7%
H1 2024 H2 2024 2024 H1 2025 H2 2025 2025
Expansion impact related new licence agreements in Jan. 2025, the effect of net expansion is calculated only including business activities without a full year period comparison (acquisitions and new license agreements)
Product sales to end customers of Verfora, Spagyros and Padma products (like-for-like, streetprices), IQVIA PharmaTrend for pharmacies and drugstores in Switzerland, Consumer Health market YTD Dec. 2025
Strong sales growth in homecare business
Net sales (in million CHF)+4.3% +3.8%
56
60
58
62
115
+4.0%
120
H1 2024 H2 2024 2024 H1 2025 H2 2025 2025
Consistent, strong growth with services for homecare organizations and nursing homes
WholesaleFurther Market share gains in pharmacies segments
Net sales (in million CHF)PhysiciansPharmacies
Others
1,496 1,609
435 464
972 1'055
3,105
900
2,028
+4.8%
+5.6% +4.2%
1,580 1,676
461 474
1'027 1'109
3,255
934
2,136
+3.9%
+5.3%
89 89 178 92 93
185
+3.8%
H1 2024 H2 2024 2024 H1 2025 H2 2025 2025
Logistics & IT ServicesSolid growth with Prewholesale
Net sales (in million CHF)+2.8%
39
39
+1.8%
39
+3.8%
40
77 80
H1 2024 H2 2024 2024 H1 2025 H2 2025 2025
Solid growth with prewholesale distribution
Swiss pharmaceutical marketStrong growth despite one sales day less
in million CHF
760
740
720
700
680
660
640
620
600
580
560
540
520
500
Jan Feb Mrz Apr Mai Jun Jul Aug Sep Okt Nov Dez
2023 2024 2025Total market growth
CHF 8,073.3 million (+5.0%)
200.8 million packs (+0.4%)
CHF 1,959.3 million (+5.0%)
15.5 million packs (-0.1%)
24.3%
DrugstoresCHF 61.0 million (-3.3%)
5.7 million packs (-4.6%)
0.8%
26.5%
43.5%
Local PharmaciesCHF 3,512.4 million (+5.3%)
132.3 million packs (+0.7%)
PhysiciansCHF 2,140.8 million (+3.9%)
45.5 million packs (+0.2%)
5.0%
Mail-order PharmaciesCHF 399.8 million (+9.3%)
1.8 million packs (-3.7%)
Consumer healthcare market December 20252.9%
12.6%
19.3%
65.2%
Total market
CHF 2,630.7 million
-0.4%
-0.3%
Personal care-1.9%
Patient care+1.2%
Nutrition-1.1%
Non-medication segment
-0.8%Source: IQVIA PharmaTrend for pharmacies and drugstores in Switzerland, streetprices
© IQVIA - Consumer Health market December 2025
DisclaimerDisclaimer Galenica
Certain statements, beliefs and opinions in this presentation are forward-looking, which reflect the Company's or, as appropriate, the Company's directors' current expectations and projections about future events. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Forward-looking statements contained in this presentation regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. As a result, the Company expressly disclaims any obligation or undertaking to release any update or revisions to any forward- looking statements in this presentation as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward-looking statements are based. Neither the Company nor its advisers or representatives nor any of its of their parent or subsidiary undertakings or any such person's officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this presentation or the actual occurrence of the forecasted develop-ments. You should not place undue reliance on forward-looking statements, which speak only as of the date of this presentation.
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