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.
Zurich, December 9, 2019 - The Board of Directors of Conzzeta AG has decided that the Group’s future focus will be on the Bystronic business unit. There are plans to speed up the expansion of its strong market position in global sheet metal processing with a focused growth strategy. The other business units are to be divested step by step within the period of a year, market conditions permitting.
keyboard_arrow_rightWolfhausen, November 15, 2019 – FoamPartner Fritz Nauer AG, with headquarters in Wolfhausen (Switzerland), is building a converting center for industrial foams at the company’s site in Duderstadt (Germany). The new center is scheduled to go on-stream in the first half-year of 2020 and will lead to the creation of several new jobs.
keyboard_arrow_rightZurich, October 16, 2019 – The Conzzeta Group posted net revenue of CHF 1,136.5 million for the first nine months of 2019. On a comparable basis, i.e. at stable exchange rates and taking into account changes in the scope of consolidation, revenue fell by 7.0%. Order intake in the Sheet Metal Processing segment came to CHF 693.5 million, which was an 8.4% drop compared to the previous year.
keyboard_arrow_right