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• Net debt at CHF 466.4m (-20.5%) • Leverage improved to 1.1x (vs 1.5x in H1 2023/24) • Remaining maturities: • CHF 320m bond due in October 2025 • CHF 275m bond due in October 2027 • Maturity for syndicated credit facility extended by 2 years (CHF 525m, new due Dec 31st 2027)