METALL ZUG AG

Half Year 2021

Martin Wipfli, Chairman of the Board of Directors Daniel Keist, CFO

Half Year 2021 results

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METALL ZUG GROUP

WELCOME - REMARKS OF THE CHAIRMAN

  • Metall Zug took advantage of the positive economic environment in H1/2021 despite continuing challenges related to the pandemic
  • Wire Processing and Medical Devices recovered impressively after the slump due to the pandemic in the previous year's period
  • The Business Units used the additional power and competences granted by Metall Zug as well as the increased flexibility following its new strategy and the spin-off of V-ZUG
  • Technologycluster & Infrastructure gathers speed much earlier than expected and planned
  • VRmagic and Cirris, acquired in 2020, confirmed their position as small but strategically valuable companies
  • V-ZUGdeveloped well after the spin-off and Metall Zug's 30% stake in V-ZUG contributed with CHF 13 million to the financial result and net income

Half Year 2021 results

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METALL ZUG GROUP

CONTENT

  1. Group Financial Report HY 1/21
  2. Business Units Industry
    • Infection Control
    • Medical Devices
    • Wire Processing
    • Others
  3. Business Unit Technologycluster & Infrastructure
  4. Sustainability @ Metall Zug
  5. Metall Zug Group - Overview HY 1/21
  6. Information for Investors

Half Year 2021 results

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GROUP FINANCIAL REPORT HY 1/21

METALL ZUG GROUP

OVERVIEW HY 1/21

  • Significant increase of Order Entry in BUs Medical Devices, Wire Processing, Infection Control and Belimed Life Science
  • Group net sales of CHF 302.8 million (HY 1/20: CHF 248.2 million excluding V-ZUG), Organic sales increase of 18%
    • Negative FX effect of CHF 3.5 million (-1.4%). Acquisition effect of CHF 13.5 million (5.4%)
    • Infection Control: stable sales despite FX effect
    • Medical Devices and Wire Processing: strong recovery after COVID impact in 2020
    • Belimed Life Science with slightly lower sales due to lower level of finalized projects; Gehrig Group with lower sales due to shutdown of hotels and restaurants
  • Operating result (EBIT) of CHF 16.9 million (HY 1/20 CHF -14.6 million excluding V-ZUG)
    • Strong pickup of EBIT of BUs Medical Devices and Wire Processing due to rebound of the relevant markets
    • Slightly lower EBIT in Infection Control (excluding extraordinary impact in HY 1/20)
    • BU "Others": Belimed Life Science with further improvement of EBIT

Half Year 2021 results

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Metall Zug AG published this content on 17 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2021 13:03:11 UTC.