Calida Group revises its capital allocation strategy

The Board of Directors of the Calida Group has adopted a new capital allocation strategy. Its objective is to further increase shareholders’ participation in the company’s success while preserving the financial flexibility needed for the group’s long-term development.

Going forward, the Swiss lingerie group is targeting a payout ratio of 40-60% (previously 20-30%) of adjusted consolidated profit. The new payout ratio reflects the strength of its balance sheet and earnings power, as well as confidence in the group’s long-term growth prospects.

In addition, the Board of Directors has approved a public share buy-back programme of up to 2% of the issued share capital, which will start on October 2 and run until no later than the end of June 2027. The buy-back will be implemented flexibly, taking market conditions into account. The Board of Directors intends to cancel the registered shares acquired under the buy-back programme by means of a capital reduction within the capital band.

“With the new capital allocation strategy, we are achieving a well-balanced approach between investing in the profitable growth of our core brands, Calida and Aubade, and offering our shareholders an attractive participation in the company’s success. It underscores our ambition to continue developing the group sustainably as a focused company,” says Thomas Stöcklin, chairman of the Board of Directors and CEO.