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EQS-Adhoc: Conzzeta with net revenue increase of 20.2% in 2018



06.02.2019 (www.4investors.de - in Kooperation mit DGAP - EQS Group):


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 2018Group 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.comAbout 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=VCFHYPLTLTDocument title: Trading Update 12 monthsEnd 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

 
End of Announcement
EQS Group News Service


772685  06-Feb-2019 CET/CEST




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