Revenue CHF 343m (ARCe: 374m)OpEx adj CHF 278m (ARCe: 311m)EBITDA adj. CHF 65m (ARCe: 64m)Adjustments CHF 23m (ARCe: 17m)Reiterates 2025 guidance, which looks achievable stillWe expect unchanged estimates......which should be a relief but somewhat messy and mixed report will likely mute the share price reaction
