Conzzeta : with net revenue increase of 20.2% in 2018
February 06, 2019 at 01:05 am EST
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EQS Group-Ad-hoc: Conzzeta / Key word(s): Development of Sales
Conzzeta with net revenue increase of 20.2% in 2018
06-Feb-2019 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.
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.
Inquiries:
Michael Stäheli, Head Investor Relations & Corporate Communications;
Tel. +41 44 468 24 49; media@conzzeta.com
About Conzzeta
Conzzeta is a broadly diversified Swiss group of companies. It stands for innovation, market orientation and an entrepreneurial spirit. Conzzeta strives for leading positions in its target markets, above-average growth and long-term value creation. Over 5,000 employees at more than 60 locations worldwide are committed to Sheet Metal Processing, Foam Materials, Graphic Coatings, Outdoor and Glass Processing. Conzzeta AG is listed on the SIX Swiss Exchange (SIX:CON).
Additional features:
Document: http://n.eqs.com/c/fncls.ssp?u=VCFHYPLTLT Document title: Trading Update 12 months End of ad hoc announcement
Language:
English
Company:
Conzzeta
Giesshübelstrasse 45
8045 Zürich
Switzerland
Phone:
+41 44 468 24 49
Fax:
+41 44 468 24 53
E-mail:
info@conzzeta.com
Internet:
www.conzzeta.com
ISIN:
CH0244017502
Valor:
A117LR
Listed:
Regulated Unofficial Market in Berlin, Frankfurt, Stuttgart; SIX Swiss Exchange
Bystronic AG, formerly Conzzeta AG, is a diversified Switzerland-based holding company engaged in industrial, as well as consumer products sectors. The Companyâs activities are structured into three main segments: the Sheet Metal Processing segment (Bystronic) offers solutions for the processing of sheet metal and other sheet materials; the Chemical Specialties segment develops, manufactures and processes special foam materials (FoamPartner) and provides overprint varnishes and laminating adhesives for the graphical and packaging industries (Schmid Rhyner), and the Sporting Goods segment (Mammut) develops and markets climbing, mountaineering, hiking, mountain training and winter sports equipment.
BYSTRONIC AG 
