Extraordinary General Meeting: Special dividend approved

Zurich, September 27, 2019 – At the Extraordinary General Meeting of Conzzeta AG on September 27, 2019, shareholders approved the proposed special dividend by a large majority. 83.3% of the votes were represented.

With the approved special dividend of CHF 30.00 per class A registered share and CHF 6.00 per class B registered share, Conzzeta returns CHF 62.1 million of excess cash to shareholders.

The next Annual General Meeting will be held on April 22, 2020 in Zurich.

The following documents are available on the website www.conzzeta.com:

  • Invitation to the Extraordinary General Meeting, including agenda
  • Minutes (as soon as they are available)


 

FoamPartner: New Converting Center for Technical Foams

Wolfhausen, November 15, 2019 – FoamPartner Fritz Nauer AG, with headquarters in Wolfhausen (Switzerland), is building a converting center for industrial foams at the company’s site in Duderstadt (Germany). The new center is scheduled to go on-stream in the first half-year of 2020 and will lead to the creation of several new jobs.

keyboard_arrow_right

Interim information as of the end of Q3 2019: Revenue lower in Q3 – orders at previous year’s level

Zurich, October 16, 2019 – The Conzzeta Group posted net revenue of CHF 1,136.5 million for the first nine months of 2019. On a comparable basis, i.e. at stable exchange rates and taking into account changes in the scope of consolidation, revenue fell by 7.0%. Order intake in the Sheet Metal Processing segment came to CHF 693.5 million, which was an 8.4% drop compared to the previous year.

keyboard_arrow_right

Increase of participation from 51% to 70%: Conzzeta acquires additional stake in DNE Laser

Zurich, August 27, 2019 – As part of the growth strategy in the Sheet Metal Processing segment, Conzzeta announces the signing of an equity transfer agreement to increase its participation in DNE Laser, Shenzhen, China, from 51% to 70%.

keyboard_arrow_right