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November 07. 2018

Conzzeta evaluates divestment of Glass Processing segment

Zurich, November 7, 2018 – Conzzeta evaluates divestment opportunities for the Glass Processing segment with the purpose to reduce complexity and to focus the Group’s business portfolio. The Group is in discussions with potentially interested parties.

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October 16. 2018

Interim information as of the end of Q3 2018: Continued double-digit growth in all segments

Zurich, October 16, 2018 – The Conzzeta Group achieved revenue growth of 29.3% or CHF 1,306.5 million in the first nine months of 2018. At constant exchange rates and adjusted for changes in the scope of consolidation, revenue growth amounted to 14.0%. Order intake for capital goods rose by 9.7%.

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August 10. 2018

Half-Year Report at June 30, 2018: Conzzeta with strong business performance

Zurich, August 10, 2018 – With revenue of CHF 853.3 million (previous year: CHF 623.5 million), the Conzzeta Group achieved 36.8% growth in the first half of 2018. Adjusted for changes in the scope of consolidation and at constant exchange rates, revenue growth amounted to 19.7%. The operating result (EBIT) increased by 72.9% to CHF 66.3 million, corresponding to an EBIT margin of 7.6% (5.8%). 

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August 02. 2018

Change to the Board of Directors of Conzzeta AG

Zurich, August 2, 2018 – The Board of Directors of Conzzeta AG has nominated Michael König for the next Annual General Meeting on April 16, 2019 as a new member of the Board of Directors. He will replace Werner Dubach, who will step down from the board after 25 years.

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April 13. 2018

Update on Q1 2018: Double-digit growth in all segments

Zurich, April 13, 2018 – The Conzzeta Group achieved revenue growth of 43.5% or CHF 430.6 million in the first quarter of 2018. Adjusted for changes in the scope of consolidation and at constant exchange rates, revenue growth amounted to 27.5%. Order intake for capital goods rose by 18.6%.

 

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March 20. 2018

Annual results 2017: Surge in revenue and improved profitability – strengthened position in growth markets

Zurich, March 20, 2018 – The Conzzeta Group achieved revenue growth of 22.5% to CHF 1,482.8 million in 2017. The operating result (EBIT) increased by 46.0% to CHF 123.2 million. This includes a one-time gain of CHF 8.8 million from the sale of the 51% stake in the US joint venture in the FoamPartner business unit on July 1, 2017. Adjusted for this special effect, the return on net operating assets (RONOA) was 19.5% compared with 15.6% in the previous year.

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