Six-month Report 2023
Management ReportFinancial ReportManagement Report
Dear shareholders,
The demand for products and systems for healthy, comfortable and sustainable buildings remained consistently positive in the first half of 2022. We have worked tirelessly to serve our customers in the best possible way despite disruptions in the supply chain and rising material, transport and operating costs. Due to our differentiated approach to cost management with a focus on profitable growth together with the contributions from our recently acquired companies, we are able to report solid business results for the first six months.
Key figures 1st half-year
|
|
|
1 st half-year 2023 |
1 st half-year 2022 |
Change from prior year in % |
|
Sales |
EUR million |
407.0 |
399.6 |
1.8 |
|
EBITDA 1 |
EUR million |
49.5 |
48.3 |
2.4 |
|
|
% of sales |
12.2 |
12.1 |
|
|
EBIT |
EUR million |
37.5 |
36.9 |
1.6 |
|
|
% of sales |
9.2 |
9.2 |
|
|
Net profit 2 |
EUR million |
27.7 |
29.4 |
–6.0 |
|
|
% of sales |
6.8 |
7.4 |
|
|
Cash flow from operating activities |
EUR million |
22.3 |
11.6 |
92.8 |
|
Investments in property, plant and equipment & intangible assets |
EUR million |
12.4 |
11.4 |
9.0 |
|
Depreciation & amortisation |
EUR million |
12.0 |
11.4 |
5.0 |
|
Total assets |
EUR million |
537.6 |
562.7 |
–4.5 |
|
Non-current assets |
EUR million |
226.9 |
230.4 |
–1.5 |
|
Net liquidity/(net debt) 1 |
EUR million |
24.3 |
23.3 |
4.1 |
|
Total equity |
EUR million |
336.0 |
327.7 |
2.5 |
|
|
% of total assets |
62.5 |
58.2 |
|
|
Number of employees |
Ø full-time equivalents |
3,865 |
3,772 |
2.5 |
|
Market closing price registered share A |
CHF |
72.40 |
56.50 |
28.1 |
|
Registered shares A (CHF 0.05 par value) |
Units |
9,756,000 |
9,756,000 |
– |
|
Own shares |
Ø Units |
418,771 |
216,426 |
93.5 |
|
Registered shares B (not listed; CHF 0.01 par value) |
Units |
9,900,000 |
9,900,000 |
– |
|
Non-diluted net profit per registered share A 2 |
EUR |
2.39 |
2.46 |
–2.9 |
|
Shareholders’ equity per registered share A 2 |
EUR |
28.2 |
26.8 |
5.2 |
1 For further information please refer to: Alternative performance measures
2 Excluding minority interests
Company profile
Zehnder Group provides worldwide leading solutions for a comfortable, energy-efficient and healthy indoor climate. The products and services of the Group include heating, cooling, indoor ventilation and air cleaning. The Group develops and manufactures its products at its own factories in Europe, China and North America. In the financial year of 2022, Zehnder Group had about 4,000 employees and achieved sales of EUR 812 million. The company is listed on the SIX Swiss Exchange (symbol: ZEHN, number: 27 653 461). The unlisted registered shares B are held directly or indirectly by the Zehnder family and persons closely associated with them.
Locations
Further information for investors
Contact
Zehnder Group AG
Investor Relations
Moortalstrasse 1
5722 Gränichen (Switzerland)
Phone +41 62 855 1521
investor-relations@zehndergroup.com
www.zehndergroup.com
Registered share A
|
Valor number |
27 653 461 |
|
SIX |
ZEHN |
|
Bloomberg |
ZEHN SW |
|
Reuters |
ZEHN S |
In accordance with Art. 10 of the Articles of Association, the opting out clause applies.
Registered share B (unlisted)
|
Valor number |
13 312 654 |
Company calendar
|
End of business year |
31.12.2023 |
|
Sales for 2023 |
19.1.2024 |
|
Annual Report 2023 and Media/Analyst Conference 2024 |
28.2.2024 |
|
Annual General Meeting 2024 |
11.4.2024 |
|
Six-month Report 2024 |
26.7.2024 |
News and reports, as well as this Six-month Report, are available in German and English. The German version is binding.
News are published under www.zehndergroup.com/en/news.
Reports and presentations are published under www.zehndergroup.com/en/investor-relations/reports-and-presentations.