Swiss corporations report mixed H1 2026 financial results

Several Swiss-based companies reported their first-half 2026 financial results, showing a mix of profit growth and strategic restructuring.

Raiffeisen reported an 18.9 percent increase in net profit to 659.3 million francs. Despite this growth, the bank announced a cost-cutting plan to reduce personnel and material expenses by 60 million francs annually, which may involve up to 180 job cuts. The bank is also reorganizing into six core departments and seeing leadership changes, including the departure of executives Helen Fricker and Roland Altwegg.

Syngenta reported a slight 2 percent decrease in sales to 12.2 billion dollars, partly due to restructuring and lower margins in the Chinese grain trade. However, EBITDA rose by 2 percent to 2.4 billion dollars, supported by a strategic focus on innovation and artificial intelligence.

Alpiq saw net profit jump 16 percent to 123.2 million francs, aided by non-operational effects from a radioactive waste management fund. Investis reported increased rental income and a profit of 67.6 million francs, including revaluation gains. Conversely, Urner Kantonalbank saw profits decline to 8.9 million francs due to pressure on interest margins.