13.04.2018 – 07:06

Conzzeta

EQS-Adhoc: Conzzeta: Very strong business trend in the first quarter 2018

EQS Group-Ad-hoc: Conzzeta / Key word(s): Quarterly / Interim
Statement/Development of Sales
Conzzeta: Very strong business trend in the first quarter 2018

13-Apr-2018 / 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.

--------------------------------------------------------------------------------
Update on Q1 2018
Double-digit growth in all segments

Zurich, April 13, 2018 - The Conzzeta Group achieved revenue growth of 43.5% or
CHF 430.6 million in the first quarter of 2018. Adjusted for changes in the
scope of consolidation and at constant exchange rates, revenue growth amounted
to 27.5%. Order intake for capital goods rose by 18.6%.
 

CHF m                  3M 2017 3M 2018 Chg. in %

Group                                   

Net revenue            300.1   430.6   +43.5

-comparable1)          300.1   382.7   +27.5

Order intake2)         232.9   276.1   +18.6

Net revenue segments                    

Sheet Metal Processing 158.9   224.4   +41.2

Sporting Goods         59.6    70.6    +18.4

Chemical Specialties   57.8    102.3   +77.0

Glass Processing       24.0    33.6    +40.1

1At constant exchange rates and adjusted for changes in the scope of
consolidation.
2Capital goods, i.e. Sheet Metal Processing and Glass Processing segments.


With significant double-digit revenue growth in all segments, the Group's strong
performance in the second half of 2017 continued into the first quarter of 2018
in a market environment that remained generally favorable. Net revenue growth
was broad-based on a regional level, with an EBIT margin of more than 8%. A
significant change in the scope of consolidation is the acquisition of Otto Bock
Kunststoff in the Chemical Specialties segment at the start of September 2017.
Order intake increased strongly in the US in particular. Conzzeta will publish
its half-year results on August 10, 2018, providing an updated outlook for the
2018 financial year where necessary.
 

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 represents
innovation and reliability with a long-term perspective. Conzzeta strives for
leading positions in its target markets, above-average growth and long-term
value creation. Over 4,700 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
AG is listed on the SIX Swiss Exchange (SIX:CON).

Additional features:


Document:http://n.eqs.com/c/fncls.ssp?u=FSTTNXJKEB
Document title: Update on Q1
--------------------------------------------------------------------------------
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



 

End of Announcement EQS Group News Service

--------------------------------------------------------------------------------

674161  13-Apr-2018 CET/CEST