Member News

Calida satisfied with financial year 2024

Café Europe — 24.02.2025

Oberkirch - The Calida Group recorded a satisfactory set of results for financial year 2024. Growth was above all recorded in the area of online sales again, which increased by +33.7 percent in the previous year. Calida has also announced a change of leadership towards the midpoint of the current year.
Gregor Greber (photo) will step down from the Board of Directors. Lawyer Andrea Sieber is to be elected as a new member of the Board of Directors. Image credit: Calida
Csm Gregor Greber Member 7d03cfc2de
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(CONNECT) The Calida Group, a textile manufacturer based in Oberkirch in the canton of Lucerne, Switzerland, has posted “satisfactory” annual financial results for 2024. As detailed in a press release, the two core brands Calida and Aubade respectively contributed 150.2 million and 63.5 million Swiss francs to the Group sales. Adjusted for currency effects, this corresponds to a decline of -3.2 percent and -6.1 percent year on year. The “muted consumer sentiment” has reportedly weighed on Calida’s sales development. Online trading developed positively in terms of overall share of sales, rising from 30.8 percent in 2023 to 33.7 percent in financial year 2024.

In total, the Group achieved sales of 231 million Swiss francs in 2024, reflecting a decline of -8.5 percent when adjusted for currency effects. An adjusted EBIT margin of 2.8 percent was therefore recorded. Adjusted EBIT amounted to 6.4 million Swiss francs, while net profit for the Calida Group came in at 14.9 million Swiss francs. The share buyback scheme implemented in 2024 was financed by the disposal of Lafuma Mobilier.

On the basis of current figures, the Board of Directors will propose a non-cash dividend of 1 share for every 50 registered shares in addition to a cash dividend of 0.66 Swiss francs per share to be approved by shareholders at the Annual General Meeting (AGM) scheduled for April 8, 2025.

At the same time as declaring its financial results, the company announced a change at executive level with effect from June 1, 2025, when Thomas Stöcklin will take on the role of new CEO of the Calida Group. Executive Chairman of the Board of Directors, Felix Sulzberger, will be stepping down from his role on May 31, although he will still be available as Chairman of the Board of Directors in a non-executive capacity at the Group AGM. As the press release explains further, Gregor Greber will also be stepping down from the Board of Directors at the AGM in April. Andrea Sieber, a partner at a Swiss law firm, is set to be elected as his replacement. ce/ww