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EarningsQ2 2026 Earnings Report
CH:DKSH Q2 2026 EPS Results
Actual EPSCHF1.55
Consensus EPS―
Beat/Miss―
One Year Ago EPSCHF1.41
CH:DKSH Q2 2026 Revenue Results
Actual RevenueCHF5.47B
Expected RevenueCHF5.40B
Beat/MissBeat by +CHF72.57M
YoY Revenue Growth-0.90%
Earnings Announcement Details
QuarterQ2 2026
Date07/17/2026
TimeBefore Open
Conference CallFriday, July 17, 2026
CH:DKSH Upcoming Earnings
DKSH Holding AG's next earnings date is estimated for February 16, 2027, based on past reporting schedules.
Q2 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call conveyed a constructive and confident view: the company delivered its strongest first‑half top‑line growth in three years, double‑digit EPS growth, excellent cash generation and progress across strategic priorities (M&A, AI, sustainability). Challenges highlighted were primarily translational FX headwinds and temporary margin pressure from deliberate investments and ramp‑ups (healthcare, AI and marketing). Management reiterated confidence in a stronger second half, a robust M&A pipeline, and medium‑term margin expansion.Company Guidance
Revenue Growth — Strongest H1 in Three Years
Net sales increased 4.9% to CHF 5.5 billion (constant FX), representing the company's strongest first-half revenue growth in three years.
Core EBIT and Profitability Resilience
Core EBIT rose 3.6% to CHF 163.4 million with a Core EBIT margin of 3.0%; Core profit after tax grew 12.9% to CHF 112.9 million.
Double‑Digit EPS and EPS Correction
Earnings per share (Core EPS) were CHF 1.56, up 10.6% year-over-year (note: this figure was corrected from an initial misstatement of CHF 1.67; the company stated the correction had no impact on reported financial results).
Exceptional Cash Generation
Free cash flow was CHF 147.7 million with a cash conversion rate of 130.8%, exceeding the company's >90% target for the fourth consecutive year.
Dividend Increase and Capital Discipline
Ordinary dividend increased 6.4% to CHF 2.50 per share; capital expenditure remained low at ~0.3% of net sales and net debt remained minimal at CHF 10.8 million.
Targeted M&A and Business Development Momentum
12 acquisitions announced since early 2025; three acquisitions announced in 2026 (AIC Ingredients, Kinematic Resources in Malaysia, and Gale & Cosm in Italy). Announced/closed deals to date expected to add ~1 percentage point to 2026 net sales; signed a major Lilly partnership in Hong Kong expected to contribute >CHF 100 million p.a.
Business Unit Outperformance — Performance Materials & Technology
Performance Materials net sales +8.4% to CHF 707.9 million and Core EBIT +10.1% to CHF 59.8 million (APAC +15.2%). Technology net sales +4.7% and Core EBIT nearly +90% to CHF 13.4 million; technology margins expanded from 3.1% to 5.6% driven by data center demand.
Sustainability and Digital/AI Investments
Emission reduction targets approved by SBTi; ISO environmental and OHS certifications rolled out in 13 markets; MSCI ESG rating upgraded to AA and EcoVadis gold medal. Company launching AI initiatives (Polaris sales optimization, legal AI agent Legora) and has a corporate AI team of 16 specialists.
Strong Returns and Working Capital Efficiency
Core ROIC remained high at 18.7%; working capital at 7.8% of annualized net sales; Core return on equity improved to 12.7%; logistics and distribution cost savings exceeded CHF 20 million p.a. over five years.
CH:DKSH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed