Ypsomed Holding AG
F:OWX

Watchlist Manager
Ypsomed Holding AG Logo
Ypsomed Holding AG
F:OWX
Watchlist
Price: 323.8 EUR -1.34%
Market Cap: €4.4B

Ypsomed Holding AG
Investor Relations

Ypsomed Holding AG makes drug delivery devices that help patients inject medicines at home. Its core products include insulin pens, pen needles, autoinjectors, and pump systems for people who need regular injections, especially diabetes patients and other chronic-care users. The company also develops and sells connected devices and digital tools that help patients track treatment and use their medicines correctly. It sells these products mainly to pharmaceutical companies, healthcare providers, and patients. Some customers buy Ypsomed’s devices directly, while others use them as part of a drug company’s own treatment kit or brand. Ypsomed makes money by selling the devices themselves, supplying components and consumables, and in some cases by working with drug makers on customized delivery systems. What makes Ypsomed different is that it sits at the intersection of pharma and medical devices. It does not make the drugs; it makes the tools that deliver them safely and conveniently. That gives the company a recurring role in long-term treatments, where patients and drug companies need reliable injection hardware, replaceable parts, and easy-to-use systems.

Show more
Loading...
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Nov 12, 2025
AI Summary
Q2 2026

Core Growth: Delivery Systems sales grew 21% to CHF 267 million, with strong auto-injector growth of 46% and core project revenues up 20%.

Profitability: EBIT for Delivery Systems reached CHF 87 million, with a margin of 32.4%. Reported EBIT included a CHF 75 million book profit from the Diabetes Care sale.

Strategic Focus: Ypsomed is now a pure-play self-injection device company after divesting non-core businesses, with no single client making up more than 15% of revenue.

Capacity Expansion: The company is investing CHF 1.5 billion to nearly triple capacity to 1 billion devices by early next decade, with new sites in Germany, China, and the U.S.

Guidance Unchanged: Management confirmed guidance for ~20% Delivery Systems sales growth and EBIT of CHF 190–210 million for the current year.

Strong Balance Sheet: Equity ratio sits at 67%, net debt/EBITDA at 0.3x, and operating cash flow for the core business was above CHF 140 million.

Future Ambitions: Midterm targets include CHF 900 million–1.2 billion in sales, CHF 280–340 million EBIT, and EBIT margins above 30%.

Key Financials
Sales (Total)
CHF 363 million
Delivery Systems Sales
CHF 267 million
Project Revenue
CHF 52 million
Auto-injector Sales Growth
46%
EBIT (Core Delivery Systems)
CHF 87 million
EBIT Margin (Core Delivery Systems)
32.4%
Book Profit on Diabetes Care Sale
CHF 75 million
Operating Cash Flow (Total)
CHF 130 million
Operating Cash Flow (Core Business)
Above CHF 140 million
Free Cash Flow
CHF 290 million
ROCE (Core Business)
21%
Equity Ratio
67%
Net Debt / EBITDA
0.3x
EBITDA (Last 12 Months)
CHF 245 million
Capex (Fixed Assets)
CHF 126 million
R&D Capitalized (Intangibles)
CHF 20 million
Earnings Call Recording
Other Earnings Calls
2026
2019

Management

Mr. Simon Michel
CEO & Member of the Board
No Bio Available
Mr. Samuel Kunzli
Chief Financial Officer
No Bio Available
Mr. Frank Mengis
Chief Operating Officer
No Bio Available
Mr. Thomas Kutt
Head of Investor Relations
No Bio Available
Dr. Nicolas Meyer
Chief Legal Officer & Secretary
No Bio Available
Mr. Michael Zaugg
Chief Corporate Officer
No Bio Available
Ms. Ulrike Bauer
Chief Business Officer of Ypsomed Delivery Systems
No Bio Available
Mr. Sebastien Delarive
Chief Business Officer of Ypsomed Diabetes Care
No Bio Available

Contacts

Address
BERN
Burgdorf
Brunnmattstrasse 6
Contacts
+41344244111.0
www.ypsomed.com
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett