News

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%.

• Market-related slowdown compared with strong previous-year period
• Net revenue CHF 770.1 million; on a comparable¹ basis 5.6% below the previous year
• EBIT CHF 90.5 million, including divestment gain of CHF 30.6 million
• EBIT margin excluding divestment gain stable at 7.6% of total revenue
• Earnings per share A including divestment gain at CHF 34.76, up 66.0%
• Extraordinary AGM with proposal for a special dividend of CHF 30.00 per share A
• More decentralized management for accelerated strategic and operational development 

Wolfhausen, July 18, 2019 - FoamPartner, specializing in advanced foam solutions, has developed a foam product family characterized by extremely low emission levels for use in automotive headliners with high demands on processability and design.

Niederönz, July 4, 2019 - Bystronic presented its innovations for the sheet metal processing industry. At the end of June, guests from all around the globe came to our largest in-house exhibition in Niederönz (Switzerland). A perfect opportunity to chat about new approaches in the fields of laser cutting, bending, automation, and software.

Niederönz, June 13, 2019 – Sheet metal processing companies in South Africa rely on Bystronic technologies and services. Bystronic is now serving the growing demand for laser cutting and bending solutions in South Africa with direct sales and service operations. To this aim Bystronic is opening offices in Johannesburg.

Seon, June 11, 2019 – As a Swiss premium outdoor brand with roots going back to 1862, Mammut has a strong drive to preserve what is worth preserving, with a high degree of transparency. For this reason, Mammut published its Corporate Responsibility goals in November 2018. The outdoor company wants to significantly reduce the environmental footprint of its collections and ban environmentally damaging substances from supply chains. The use of bioRe® cotton in T-shirts of the climbing collection is another concrete measure for Mammut to achieve these goals.

Adliswil, May 28, 2019 – Gallus and Schmid Rhyner officially set the seal on the collaboration of the two companies and the further development of digital refinement at the beginning of May. With the company Steinemann, they have raised digital refinement to a high industrial level.

Niederönz, May 16, 2019 - Bystronic, together with many guests, celebrated the official integration of TTM Laser into the Bystronic Group. The event also opened the new Experience Center and offered a world premiere of the new laser cutting system ByTube 130.

Wolfhausen, May 2, 2019 – The patented, innovative sleep solution Tecciō.science is based on the advanced development of multi-dynamic foams combined with hardware and software. It influences sleep through individually selectable, dynamic hardness changes. Controlled by an app, changes are very smooth and are made continuously. This forms the basis for the sleeping experience of the future.

Zurich, April 16, 2019 - At the Annual General Meeting of Conzzeta AG on April 16, 2019, the shareholders approved all motions of the Board of Directors by a large majority. Taken together, 75.1% of the votes were represented.

Zurich, April 15, 2019 – The Conzzeta Group posted net revenue of CHF 394.4 million over the first 3 months of 2019, 8.4% less than in the strong first quarter last year. Adjusted for currency translation effects and changes in the scope of consolidation, revenue fell by 9.1%. For continuing operations, i.e. without the Glass Processing segment divested as of March 31, 2019, revenue fell by 6.3%. Order intake in the Sheet Metal Processing segment came to CHF 222.2 million, which was a 8.0% drop compared to last year.

Zurich, April 1, 2019 – Conzzeta has reported that it has completed the sale of the Glass Processing segment to the finnish Glaston Corporation, which was announced on January 25, 2019. 

Zurich, March 20, 2019 – With net revenue of CHF 1,782.2 million, the Conzzeta Group achieved revenue growth of 20.2% in 2018. On a comparable basis, i.e. at constant exchange rates and adjusted for changes in the scope of consolidation, net revenue growth was 10.4%.

Wolfhausen, February 13, 2019 - FoamPartner collaborates with Rinspeed in the development of high-quality automotive interiors based on polyurethane foam.

Zurich, February 6, 2019 – The Conzzeta Group achieved revenue growth in 2018 of 20.2% or CHF 1,782.2 million. Adjusted for currency translation effects and changes in the scope of consolidation, revenue growth amounted to 10.4%. Order intake for capital goods rose by 5.8%. 

Zurich, January 25, 2019 – Conzzeta reports the signing of a binding agreement to divest its Glass Processing segment to Glaston Corporation, headquartered in Helsinki, Finland, for an enterprise value of EUR 68 million (CHF 78 million). The closing of the transaction is expected by the end of the first quarter 2019, subject to regulatory approval. Glaston has secured committed debt and equity financing, subject to customary conditions and support of an extraordinary general meeting, respectively.