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Conzzeta AG (CONC.S)

CONC.S on Swiss Exchange

1,140.00CHF
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CHF1,146.00
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1,910
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Latest Key Developments (Source: Significant Developments)

Conzzeta FY Group Result Up 52.4 Pct At CHF 97.4 Million
Tuesday, 20 Mar 2018 

March 20 (Reuters) - CONZZETA AG ::SURGE IN REVENUE AND IMPROVED PROFITABILITY - STRENGTHENED POSITION IN GROWTH MARKETS.FY NET REVENUE +22.5% (COMPARABLE^1 +14.3%) TO CHF 1,482.8 MILLION.FY EBIT +46.0% TO CHF 123.2 MILLION, EBIT MARGIN 8.2%.FY ADJUSTED EBIT +35.6%, ADJUSTED EBIT MARGIN 7.6%.FY PROPOSED DIVIDEND FOR CLASS A SHARES CHF 16.00, +45.5%.FY GROUP RESULT +52.4% TO CHF 97.4 MILLION.FURTHER IMPROVEMENTS IN REVENUE AND EARNINGS CONTRIBUTIONS ARE EXPECTED IN 2018.SEES FY 2018 REVENUE GROWTH OF MORE THAN 5%, EBIT MARGIN OF 8% TO 10%, AND RETURN ON NET OPERATING ASSETS OF MORE THAN 15%.ANTICIPATES HIGH SINGLE-DIGIT REVENUE GROWTH, A HIGHER OPERATING RESULT AND A FURTHER IMPROVED EBIT MARGIN IN 2018.  Full Article

Conzzeta Aquires TTM Laser S.p.A.
Tuesday, 20 Mar 2018 

March 20 (Reuters) - Conzzeta Ag ::EQS-NEWS: CONZZETA: BYSTRONIC ACQUIRES TTM LASER S.P.A..‍SIGNING AN AGREEMENT FOR COMPLETE ACQUISITION OF ITALIAN TECHNOLOGY COMPANY TTM LASER S.P.A​.‍TRANSACTION IS PLANNED TO BE CONCLUDED IN COMING WEEKS.​.  Full Article

Conzzeta: Schmid Rhyner Acquires ISAtec GmbH
Wednesday, 14 Mar 2018 

March 14 (Reuters) - CONZZETA AG ::CONZZETA: SCHMID RHYNER ACQUIRES ISATEC GMBH.TRANSACTION IS PLANNED TO BE CONCLUDED IN COMING WEEKS.  Full Article

Conzzeta: Michael Riedel named new CEO of FoamPartner
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - CONZZETA AG ::EQS-ADHOC: CONZZETA: MICHAEL RIEDEL NAMED NEW CEO OF FOAMPARTNER.‍WILL ASSUME POSITION ON JANUARY 1, 2018 AND WILL JOIN CONZZETA AG EXECUTIVE COMMITTEE​.  Full Article

Conzzeta: closing of Otto Bock Kunststoff acquisition
Friday, 1 Sep 2017 

Sept 1 (Reuters) - CONZZETA AG :EQS-ADHOC: CONZZETA: CLOSING OF OTTO BOCK KUNSTSTOFF ACQUISITION.  Full Article

Conzzeta sees 2017 growth above last year, improved 7.5% EBIT margin
Friday, 11 Aug 2017 

Aug 11 (Reuters) - Conzzeta Ag :Says in the first half of 2017, the conzzeta group generated net revenue of chf 625.9 million.Says the operating result increased by 46.5% to chf 38.3 million, with an ebit margin of 5.8% (previous year: 4.8%).Says group result amounted to chf 30.0 million, a rise of 44.0% on the previous year's level.Says net revenue at stable foreign exchange rates and considering changes in the scope of consolidation was 11.1% higher than in 2016.Says 2017 so far matches expectations, while sheet metal processing segment is better than expected.Says expects growth for 2017 above the previous year as well as a disproportionate increase of the operating result with an improved ebit margin of around 7.5%.  Full Article

Conzzeta: sale of stake in US joint venture
Friday, 11 Aug 2017 

Aug 11 (Reuters) - CONZZETA AG ::EQS-ADHOC: CONZZETA: SALE OF STAKE IN US JOINT VENTURE.‍SALE OF ITS 51% STAKE IN US JOINT VENTURE WOODBRIDGE FOAMPARTNER COMPANY, CHATTANOOGA​.RESTRUCTURING OF TWO JOINT VENTURES WILL REDUCE COMPLEXITY OF FOAMPARTNER'S BUSINESS IN ASIA AND NORTH AMERICA.‍ANNOUNCES SIGNING OF A SUPPLY CONTRACT WITH WOODBRIDGE GROUP​.CLOSING OF TRANSACTION PER JULY 1, 2017, TO LEAD IN H2 TO A MIDDLE SINGLE-DIGIT MILLION ONE-OFF GAIN IN CHEMICAL SPECIALTIES SEGMENT​.  Full Article

Conzzeta announces acquisition in FoamPartner business unit
Friday, 21 Jul 2017 

July 21 (Reuters) - CONZZETA AG :EQS-ADHOC: CONZZETA: ACQUISITION IN FOAMPARTNER BUSINESS UNIT.PARTIES HAVE AGREED NOT TO REVEAL PURCHASE PRICE.‍COMPLETION OF DEAL IS EXPECTED IN SECOND HALF OF 2017, SUBJECT TO REGULATORY APPROVAL​.  Full Article

Conzzeta FY group result up by 7.7 pct to CHF 63.9 million
Tuesday, 21 Mar 2017 

Conzzeta AG : FY EBIT was 84.4 million Swiss Franc ($84.58 million) with an EBIT margin of 6.9%, after 75.9 million Francs and 6.7% respectively on continued business in 2015 . FY revenue growth of 6.4% . FY group result increased by 7.7% to 63.9 million Francs . Board of directors is proposing to annual general meeting on April 25, 2017 a 10% higher dividend of 11 Francs per registered share A and 2.20 Francs per registered share B .Expects to achieve organic revenue growth in 2017 and a higher operating result with a slightly improved EBIT margin.  Full Article

Conzzeta H1 group result slightly down at CHF 20.9 million
Friday, 12 Aug 2016 

Conzzeta AG : H1 net revenue reached 524.6 million Swiss Francs ($538.27 million)(previous year 543.7 million francs) . H1 operating result of 26.2 million francs (36.5 million francs) and EBIT margin of 4.8 percent (6.5 percent) . H1 group result of 20.9 million francs, almost stable compared with the previous year (21.2 million francs) .Expects moderate organic growth for 2016 and profitability at EBIT level comparable with 2015.  Full Article

Swiss stocks - Factors to watch on April 13

ZURICH, April 13 The Swiss blue-chip SMI was seen opening 0.2 percent lower at 8,762 points on Friday, according to premarket indications by bank Julius Baer .