• Sales rose 7.4% to CHF 1'971 million, corresponding to an organic growth of 11.1% thanks to GF's strong market position in all three divisions • Operating result increased 26.9% to CHF 179 million, with a significant increase of the EBIT margin to 9.1% • Well-balanced global footprint pays off with strong organic sales in the US (+25.5%) and Europe (+11.7%) • Business in China started to recover as COVID-19 lockdowns ease • Supply chain disruptions impact business, but are mitigated thanks to localized production • Implementation of Strategy 2025 well on track; strong focus on customer value