Galenica Sustainability and Business Performance
About Galenica
Market environment
Business performance
Governance
Sustainability
Outlook
Performance overview Galenica Group
Solid operating cash flow
in million CHF
H1 2022
H1 2021
Change
Cash flow from operating activities before
134.8
138.7
-3.9
working capital changes
Payment of lease liabilities.
-26.2
-24.9
Cash flow from operating activities before
108.6
113.8
-5.3
working capital changes adjusted ¹)
Working capital changes
-95.5
-0.1
Cash flow from operating activities
13.0
113.8
-100.8
adjusted¹)
Investments in tangible and intangible assets
-29.4
-23.8
Investments in financial and other assets
-9.8
4.3
Free cash flow before M&A
-26.2
94.3
-120.4
Cash flow from M&A
Free cash flow
-8.5
-38.4
-34.7
55.9
-90.5
08/08/22
19
49
Key developments
Strong increase of net
working capital due to
seasonality and
exceptionally low balance
at the end of 2021
Higher investments in
digital Omni-channel
infrastructure
Investment in financial
assets includes
investments in WELL
platform and Emeda
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