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November 29. 2013

New Head of Glass Processing Systems business unit

Burghard Schneider will take over as Head of the Glass Processing Systems business unit (Bystronic glass) on February 1, 2014.

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October 03. 2013

Board of Directors proposes Ernst Bärtschi as new Chairman of Conzzeta AG

Zurich, October 3, 2013 - After 30 years in office, Jacob Schmidheiny is to step down as Chairman of the Board of Directors of Conzzeta AG at the next General Meeting. The Board of Directors is proposing that shareholders elect Ernst Bärtschi as his successor.

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August 14. 2013

Half-Year Report at June 30, 2013: Revenue and result at previous year’s level

Zurich, August 14, 2013 – The Conzzeta Group generated net revenues of CHF 537.7 million in the first half of 2013, up 1.7% on the previous year. The operating result rose to CHF 27.0 million, corresponding to an EBIT margin of 4.8%.

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March 27. 2013

Annual Results 2012: Conzzeta strengthens its position in Asia and the USA

Zurich, March 27, 2013 – Conzzeta’s annual results for 2012 reflect the influences of the debt crisis. While revenues were slightly down in the eurozone countries, Conzzeta was able to strengthen its position in the markets of Asia and North America. The Group increased consolidated net revenues by 3% to CHF 1 161.5 million (previous year: CHF 1 128.1 million), with the Bystronic and Mammut business units generating the strongest growth. Operating profit (EBIT) was CHF 55.3 million (CHF 61.9 million), corresponding to an EBIT margin of 4.8% (5.4 %), which contains the one-time allocation to the employee pension funds, with costs of CHF 12.7 million. Adjusted for this special effect, EBIT amounted to CHF 68 million, corresponding to a margin of 5.9%.

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