19.06.2017 – 07:04

Conzzeta

EQS-Adhoc: Conzzeta: Strong business trend in 1HY 2017

EQS Group-Ad-hoc: Conzzeta / Key word(s): Profit Warning/Half Year Results
Conzzeta: Strong business trend in 1HY 2017

19-Jun-2017 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
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Conzzeta expects strong result for first half of 2017

Zurich, June 19, 2017 - Conzzeta announces a sustained strong performance for
the first half of 2017. The robust performance seen in the second half of 2016
has been maintained, especially by the Sheet Metal Processing business unit and
in Asia by the Group as a whole.

The Group expects net revenue to increase by 15% to 20% and the operating result
by over 40% compared with the subdued first semester of 2016. These figures
include DNE Laser, acquired in the second half of 2016. For fiscal 2017 as a
whole, the base effect of the strong second-half performance in 2016 must be
taken into account in a year-on-year comparison. However, provided the business
environment remains positive, Conzzeta anticipates that the annual result for
2017 will be higher than was expected in March this year. Conzzeta is due to
publish the results for the first half of 2017 and the outlook for the second
half on 11 August.

For queries:
Michael Stäheli, Head Investor Relations & Corporate Communications
Phone: +41 44 468 24 49;  media@conzzeta.com

About Conzzeta
Conzzeta is a broadly diversified Swiss holding company. It stands for
innovation, reliability and a long-term perspective. Conzzeta strives to achieve
leading positions in its target markets, with above-average growth and long-term
value creation. Over 4000 employees at more than 60 locations worldwide are
dedicated to offering customers innovative solutions in Sheet Metal Processing,
Sporting Goods, Foam Materials, Graphic Coatings and Glass Processing. Conzzeta
is listed on the SIX Swiss Exchange (SIX:CON).

Additional features:


Document:http://n.eqs.com/c/fncls.ssp?u=RCTHXMQEPL
Document title: Outlook 1HY 2017
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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, Stuttgart; Open Market in
Frankfurt; SIX Swiss Exchange



 

End of Announcement EQS Group News Service

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583607  19-Jun-2017 CET/CEST