Interim information as of the end of Q4 2018

Group revenue in 2018 in line with the communicated expectation

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%. 

 

 CHF m

12M 2017 

12M 2018 

Chg. in % 

 Group

 

 

 

 Net revenue

1,482.8 

1,782.2 

+20.2 

       comparable1

 

 

+10.4 

 Order intake for capital goods

1,067.3 

1,129.0 

+5.8 

 Net revenue segments

 

 

 

 Sheet Metal Processing

856.1 

1,013.2 

+18.3 

 Chemical Specialties

279.2 

382.9 

+37.1 

 Outdoor

228.6 

253.4 

+10.9 

 Glass Processing

119.3 

133.3 

+11.7 

1 At constant exchange rates and adjusted for changes in the scope of consolidation.

Overall, the revenue development was in line with the expectation for 2018 as communicated by Conzzeta.  The fourth quarter reflects the base effect of the very strong previous year and an increasingly mixed performance in the segments and regions. Order intake for capital goods in the Sheet Metal Processing and Glass Processing segments was in China well below and in Europe and the US well above the prior year. The challenging business environment in the global automotive sector had a noticeably adverse effect in the Chemical Specialties segment. Conzzeta confirms the guidance of an EBIT margin (excluding one-off effects) for 2018 at the lower end of the target mid-term range of 8% to 10%. Conzzeta publishes its annual results for 2018 as well as its expectations for 2019 on March 20.


 

Business update: Impact of the coronavirus pandemic

Zurich, June 9, 2020 – In line with our first quarter 2020 interim information published on April 17, 2020, business conditions deteriorated further during the second quarter of the year, despite gradually improved business trends in China. Conzzeta continues to mitigate the adverse impact of the coronavirus pandemic to the extent possible. Amidst the challenging operating environment, the announced strategic transformation of the Group continues largely as planned.    

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Bystronic Benelux to strengthen customer proximity

Niederönz, May 18, 2020 – Bystronic Benelux BV takes over its long-standing service partner Weber Laserservice BV. The integration of Weber Laserservice will enable Bystronic to provide its customers with even more efficient service, while also strengthen its market position and boosting its second-hand machine market.

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Bystronic in partnership for innovation

Niederönz, May 12, 2020 – The strategic partnership with IPG Photonics is strengthening Bystronic’s innovative capacity: Together, these two technology pioneers are developing the next generation of fiber lasers. In addition, Bystronic benefits from attractive procurement terms and can set itself apart by offering exclusive customer services.

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