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October 16. 2020

Interim information as of the end of September 2020

Zurich, October 16, 2020 – The Conzzeta Group posted net revenue of CHF 905.4 million for the first nine months of 2020. At constant exchange rates and taking changes in the scope of consolidation into account, revenue was down 11.8% on the previous year. The decline for six months had been 16.2%.

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September 30. 2020

Bystronic takes full control of DNE Laser: Enhanced flexibility to deploy growth strategy

Zurich, September 30, 2020 – As part of the growth strategy for its Bystronic business unit, Conzzeta announces the signing of an equity transfer agreement to increase the participation in DNE Laser, Shenzhen, China, from 70% to 100%.

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August 07. 2020

Half-year financial statements 2020: Implementation of operating and strategic priorities

Zurich, August 7, 2020 – Conzzeta’s half-year 2020 results are strongly impacted by both, the effects of the coronavirus pandemic and the divestitures of the Glass Processing segment at the end of March 2019 and the Schmid Rhyner business unit at the end of February 2020. The disposals resulted in a loss of contributions to revenue and earnings as well as in divestment gains of CHF 30.6 million in the first half of 2019 and CHF 48.1 million in the first half of 2020. On a comparable basis, i.e. adjusted for the changes in the scope of consolidation and at constant exchange rates, the Group’s net revenue in the first half of 2020 was 16.2% below the previous year. The adverse effects of changes in the scope of consolidation amounted to CHF 38.9 million and those from currency effects to CHF 30.3 million.

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June 09. 2020

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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April 17. 2020

Interim information as of the end of Q1 2020

Zurich, April 17, 2020 – The Conzzeta Group posted net revenue of CHF 298.4 million for the first three months of 2020. Organically it was down 14.5% on the previous year. On the same basis, order intake in the Sheet Metal Processing segment dropped by 19.8%.

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March 16. 2020

Annual results 2019

Zurich, March 17, 2020 – In a challenging environment, Conzzeta in 2019 was able to increase its EBIT margin by 50 basis points to 8.7%, adjusted for the capital gain of CHF 29.9 million from the sale of the Glass Processing segment. At constant exchange rates and adjusted for changes in the scope of consolidation, net revenue declined by 4.9% primarily due to market factors, while the corresponding operating result was maintained.

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March 02. 2020

Implementation of the focus strategy: Sale of Schmid Rhyner completed

Zurich, March 2, 2020 – Conzzeta has reported that it has completed the sale of Schmid Rhyner, which was announced on December 20, 2019. The business unit has been sold to the specialty chemicals group Altana, headquartered in Wesel, Germany.

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February 05. 2020

Interim information as of the end of 2019

Zurich, February 5, 2020 – The Conzzeta Group posted net revenue of CHF 1,573.2 million in 2019. Based on stable exchange rates and adjusted for changes in the scope of consolidation, net revenue was 4.9% lower than the previous year. On the same basis, order intake in the Sheet Metal Processing segment slipped by 6.5% (7.3% reported).

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December 20. 2019

Step towards new focus on Bystronic: Conzzeta is divesting Schmid Rhyner

Zurich, December 20, 2019 – Conzzeta reports the signing of a binding agreement to divest its Schmid Rhyner business unit to the specialty chemicals group Altana, headquartered in Wesel, Germany. The closing of the transaction is expected by the end of the first quarter 2020, subject to regulatory approval.

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December 09. 2019

Conzzeta to focus on Bystronic

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.

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October 16. 2019

Interim information as of the end of Q3 2019: Revenue lower in Q3 – orders at previous year’s level

Zurich, 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.

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August 27. 2019

Increase of participation from 51% to 70%: Conzzeta acquires additional stake in DNE Laser

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%.

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August 09. 2019

Half-Year Report at June 30, 2019: First half of 2019 with expected slowdown

  • 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 
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April 15. 2019

Interim information as of the end of Q1 2019: Expected slowdown compared to strong previous- year quarter

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.

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April 01. 2019

Streamlining of the business portfolio: Sale of the Glass Processing segment completed

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. 

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March 20. 2019

Annual results 2018: Profitable growth

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%.

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February 06. 2019

Interim information as of the end of Q4 2018

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%. 

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January 25. 2019

Streamlining of the business portfolio: Conzzeta is divesting its Glass Processing segment

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. 

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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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