Ordinary Annual General Meeting 2017: All resolutions approved

Zurich, April 26, 2017 – At the ordinary Annual General Meeting of Conzzeta AG on April 25, 2017, shareholders approved with great majority all proposals submitted by the Board of Directors. In aggregate, 83.4% of the votes have been represented.

Michael Willome, Group CEO Conzzeta, commented on the 2016 business results and the outlook for 2017. Alex Waser, CEO Bystronic, presented the new image movie of DNE Laser, Shenzhen, China, which was acquired in 2016.

After the presentations, shareholders approved the dividend increase by 10%, resulting in a dividend of CHF 11 per registered share A and CHF 2.20 per registered share B. The dividend will be paid on May 2, 2017.

Shareholders reelected the members of the Board of Directors, the members of the Human Resources Committee and confirmed Ernst Bärtschi as President of the Board of Directors.

The AGM also approved the Compensation Report 2016 as well as the compensation of the Board of Directors up until the ordinary AGM 2018 and the compensation of the Group Executive Committee for the business year 2018.

The next ordinary AGM of Conzzeta AG is scheduled for April 24, 2018, in Zurich.

The following documents are available on the website of Conzzeta:

  • Invitation, including AGM agenda
  • Presentation Michael Willome, Group CEO
  • Presentation Alex Waser, CEO Bystronic
  • Image movie DNE Laser
  • Minutes (as soon as available)


 

Acquisition in FoamPartner business unit: Conzzeta acquires Otto Bock Kunststoff

Zurich, July 21, 2017 – Conzzeta announces the signing of a binding agreement for full acquisition of Otto Bock Kunststoff. Completion of the deal is expected in the second half of 2017, subject to regulatory approval.

keyboard_arrow_right

Conzzeta expects strong result for first half of 2017

Zurich, June 19, 2017 – Conzzeta announces a sustained strong performance for the first half of 2017. The robust performance seen in the second half of 2016 has been maintained, especially by the Sheet Metal Processing business unit and in Asia by the Group as a whole.

keyboard_arrow_right

Annual Results 2016: Accelerated growth and higher operating result

Zurich, March 21, 2017 – In an uneven operating environment, the Conzzeta Group generated revenue growth of 6.4%. The operating result (EBIT) was CHF 84.4 million with an EBIT margin of 6.9%, after CHF 75.9 million and 6.7% respectively on the continued business in 2015. Return on net operating assets (RONOA) was 15.6% (previous year: 13.4%). keyboard_arrow_right