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Conzzeta: Strategic transformation completed - Conzzeta reaches agreement to divest Mammut

Conzzeta: Strategic transformation completed - Conzzeta reaches agreement to divest Mammut
Conzzeta / Key word(s): Disposal
26-Apr-2021 / 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.
Strategic transformation completed
Conzzeta reaches agreement to divest Mammut
Zurich, April 26, 2021 - Conzzeta reports the signing of a binding agreement to divest its Mammut business unit to Telemos Capital, London, UK. Telemos Capital was founded and is chaired by Philippe Jacobs, who is also Co-Chairman of Jacobs Holding AG, Zurich, Switzerland. The closing of the transaction is expected by mid-2021, subject to regulatory approval. ....

United Kingdom , City Of , Oliver Pabst , Schmid Rhyner , Michael Willome , Julia Jaun , Philippe Jacobs , Mammut Sports Group , Conzzeta Group , Jacobs Holding , Investor Relations Corporate Communications , Telemos Capital , Sheet Metal Processing , Telemos Capital Executive Chairman , World Moved , Investor Relations , Corporate Communications , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , ஆலிவர் பப்ஸ்த் , பிலிப் ஜாகோப்ஸ் , மம்முட் விளையாட்டு குழு , ஜாகோப்ஸ் வைத்திருத்தல் , முதலீட்டாளர் உறவுகள் பெருநிறுவன தகவல்தொடர்புகள் , தாள் உலோகம் ப்ரோஸெஸிஂக் , முதலீட்டாளர் உறவுகள் ,

Conzzeta: Annual results 2020 - lower revenue and result due to pandemic - consistent strategy implementation

-11.2%
-
1 At stable exchange rates and in the Chemical Specialties segment adjusted for the change in the scope of consolidation.
2 2020 excluding divestment gain of CHF 47.4 million from the disposal of the Schmid Rhyner business unit.
The Sheet Metal Processing segment (Bystronic) generated net revenue of CHF 801.4 million in 2020 (previous year: CHF 936.0 million). At stable exchange rates, revenue declined by 9.4%. Order intake was CHF 777.4 million (CHF 929.4 million), 11.4% lower than the previous year on the same basis, and the order book level at year-end was CHF 206.8 million (CHF 242.3 million). The operating result amounted to CHF 52.3 million (CHF 121.1 million) with an EBIT margin of 6.6% (12.9%). Following an already weaker trend in the sheet metal processing market in 2019, customer demand collapsed in the first half of the year due to the pandemic and the widespread lockdowns. On the production side, there were certain supply bottlenecks and the te ....

United States , South Korea , Bruxelles Capitale , Schmid Rhyner , Michael Willome , Head Investor Relations Corporate Communications , Conzzeta Group , Mammut Sports Group , Glass Processing , Capital Markets Day , Annual General Meeting , Metal Processing Order , Specialties Net , Chemical Specialties , Sheet Metal Processing , Weber Laserservice , Head Investor Relations , Corporate Communications , Conzzeta Ag Stock Exchange , Press Release , Implementation Con Ch0244017502 , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கொரியா , ப்ரூக்ஸெல்ஸ் தலைநகரம் , தலை முதலீட்டாளர் உறவுகள் பெருநிறுவன தகவல்தொடர்புகள் , மம்முட் விளையாட்டு குழு ,

EQS-Adhoc : Conzzeta: Annual results 2020 - lower -2-

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The Sheet Metal Processing segment (Bystronic) generated net revenue of CHF 801.4 million in 2020 (previous year: CHF 936.0 million). At stable exchange rates, revenue declined by 9.4%. Order intake was CHF 777.4 million (CHF 929.4 million), 11.4% lower than the previous year on the same basis, and the order book level at year-end was CHF 206.8 million (CHF 242.3 million). The operating result amounted to CHF 52.3 million (CHF 121.1 million) with an EBIT margin of 6.6% (12.9%). Following an already weaker trend in the sheet metal processing market in 2019, customer demand collapsed in the first half of the year due to the pandemic and the widespread lockdowns. On the production side, there were certain supply bottlenecks and the temporary shutdown of some of our own plants. In the second half of the year, there was a partial recovery in business activity across all regions and product areas, with order intake in the fourth quarter 2.4% higher th ....

United States , South Korea , Bruxelles Capitale , Conzzeta Giessh , Schmid Rhyner , English Company , Conzzeta Group , Swiss Exchange , Mammut Sports Group , Head Investor Relations Corporate Communications , Group News Service , Sheet Metal Processing , Weber Laserservice , Chemical Specialties , Head Investor Relations , Corporate Communications , Foam Materials , Regulated Unofficial Market , News Service , Dow Jones , Conzzeta Ag Stock Exchange , Press Release , Lower Con Ch0244017502 , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கொரியா , ப்ரூக்ஸெல்ஸ் தலைநகரம் ,

EQS-Adhoc : Conzzeta: Change to the Board of Directors: Heinz O. Baumgartner nominated - Philip Mosimann not standing for re-election

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EQS Group-Ad-hoc: Conzzeta / Key word(s): Personnel
Conzzeta: Change to the Board of Directors: Heinz O. Baumgartner nominated - Philip Mosimann not standing for
re-election
16-March-2021 / 06:33 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.
=
Change to the Board of Directors of Conzzeta AG
Heinz O. Baumgartner nominated for the Board of Directors - Philip Mosimann not standing for re-election
Zurich, March 16, 2021 - The Board of Directors of Conzzeta AG will nominate Heinz Baumgartner as a new member of the
Board of Directors at the next Annual General Meeting on April 21, 2021. Philip Mosimann is retiring from the Board ....

Heinz Baumgartner , Philip Mosimann , Dasea Brown Boveri , Conzzeta Giessh , Heinzo Baumgartner , University Of St , English Company , Human Resources Committee , Conzzeta Group , Swiss Exchange , Head Investor Relations Corporate Communications , Schweiter Technologies As Group , Group News Service , Annual General Meeting , Schweiter Technologies , Tasea Brown , Boveri Switzerland , United Grinding Group , Annual General , Head Investor Relations , Corporate Communications , About Conzzeta , Sheet Metal Processing , Foam Materials , Regulated Unofficial Market , News Service ,