Conzzeta Capital Markets Day: Bystronic to push innovation and market positions

Zurich, November 10, 2020 – Ernst Baertschi, Chairman of the Board of Directors of Conzzeta, will host today’s virtual Conzzeta capital markets day. Conzzeta Group CEO Michael Willome will provide an update of the Group’s strategic transformation. Bystronic CEO Alex Waser with part of his management team will present Bystronic’s strategy.

The aspiration of Bystronic is to outgrow it’s market by providing world class sheet metal processing solutions. The strategy presented today includes the ambitions 

  • to continuously drive innovation;
  • in particular to push smart factory digitalization to support customer’s end-to-end productivity;
  • to sharpen the customer value proposition for targeted end market segments
  • to strengthen the market coverage globally with a differentiated regional approach;
  • to strengthen and disproportionally grow the solutions and aftersales businesses.

The latest product and solutions offering was recently introduced to customers at the Competence Days and will partly also be shown at today’s event. The Bystronic strategy 2025 results in the following financial aspiration: 

  • an organic compound average growth rate (CAGR) of above 5% from the sales level reached in 2019, with additional upside from bolt-on acquisitions;
  • an industry-leading profitability with an EBIT margin of above 12%;
  • a return on net operating assets of above 25%, based on the asset light business model.

The agenda and the slide deck with Conzzeta’s transformation update and Bystronic’s strategy are available on the Investor Relations website of Conzzeta here. The presentations and Q&A sessions, which are broadcasted live through the internet, will start this morning at 9.15am CET and will run approximately until 1pm CET. We recommend to register timely ahead of the start of the presentations here


 

Further step towards strategic transformation

Zurich, November 10, 2020 – Conzzeta reports the signing of a binding agreement to divest its FoamPartner business unit to Recticel, the Belgium specialist in polyurethane chemistry, headquartered in Brussels and listed on Euronext (REC), for an enterprise value of CHF 270 million. The closing of the transaction is expected in the first quarter 2021, subject to regulatory approval.

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Climbing with refugees: MAMMUT becomes a partner of the non-profit organization ClimbAID

Seon, November 5, 2020 – Mammut has entered into a partnership with the non-profit organization ClimbAID to work together on humanitarian projects allowing refugees to discover the joy of climbing. United by their shared passion for mountain sports and climbing, Mammut and the Swiss non-profit organization ClimbAID are embarking on a partnership designed to allow people affected by war, poverty and displacement to discover the joy of climbing. This long-term cooperation will focus on the implementation of humanitarian projects in Switzerland, Lebanon, Greece and beyond.

 
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Inaugural Digital Brand Convention of MAMMUT

Seon, October 16, 2020 – Digital and open-minded as never before. At the first Digital Brand Convention next week, MAMMUT presents the new Fall/Winter 21/22 collection to a larger audience and shows how innovation, safety and responsibility as a company move the brand.

 

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