Zehnder Group increases sales to EUR 697 million and EBIT to EUR 69 million
Gränichen (CH), 23 February 2022: In the financial year 2021, the Zehnder Group (SIX: ZEHN), a leading international provider of complete solutions for a healthy indoor climate, increased its sales by 13% to EUR 697.1 million and its operating result (EBIT) by 37% to EUR 69.1 million. As a result, the EBIT margin increased by a further 1.7 percentage points to 9.9%. Net profit increased by 51% to EUR 60.3 million. The Board of Directors proposes a dividend of CHF 1.80 per registered share A. The acquisition of Airia Brands Inc. was completed on 22 February 2022.
Zehnder Group acquires ventilation company Airia Brands Inc. in Canada
Gränichen (CH), 18 February 2022: Zehnder Group (SIX: ZEHN), a leading international provider of complete solutions for a healthy indoor climate, is acquiring the Canadian ventilation company, Airia Brands Inc., which is known under the Lifebreath brand.
Zehnder Group increases sales by 13% to EUR 697 million
Gränichen (Switzerland), 14 January 2022: Zehnder Group (SIX: ZEHN), a leading international provider of complete solutions for a healthy indoor climate, achieved sales of EUR 697.2 million in the 2021 financial year. This corresponds to an increase of 13%. While the Group benefited from the backlog of demand in the first half of the year, shortages in the supply chain slowed growth in the second half.
Zehnder strengthens Board of Directors with digitalisation expert
Gränichen (Switzerland), 5 November 2021: The Board of Directors of the Zehnder Group (SIX: ZEHN), a leading international provider of complete solutions for a healthy indoor climate, proposes the election of Sandra Emme as a member of the Board of Directors at the Annual General Meeting on 7 April 2022.
Zehnder Group acquires 75% of ventilation company Caladair
Gränichen (Switzerland), 8 October 2021: The Zehnder Group (SIX: ZEHN), a leading international provider of complete solutions for a healthy indoor climate, acquires a majority share of 75% in French ventilation company Caladair. It thus expands its ventilation product portfolio to include large-scale units for commercial buildings and multi-family houses – a strategically important sector.
Significant increase in sales and profitability in first half of 2021
Gränichen (Switzerland), 28 July 2021 – The sales achieved by the Zehnder Group (SIX: ZEHN), a leading international provider of complete solutions for a healthy indoor climate, grew by 23% to EUR 348.8 million in the first half of 2021, with the operating result (EBIT) rising from EUR 17.5 million in the same period of the previous year to EUR 37.7 million. As a result, the EBIT margin increased by a considerable 4.7 percentage points to 10.8%. Net profit was EUR 33.0 million (previous year: EUR 12.7 million). The Zehnder Group is in exclusive negotiations concerning the acquisition of a majority share in French ventilation company Caladair.
The Zehnder Group is expecting to see a considerable increase in its operating result for the first half of 2021
Gränichen (Switzerland), 11 May 2021 – Due to consistently high customer demand, the Zehnder Group (SIX: ZEHN), a leading international provider of complete solutions for a healthy indoor climate, is expecting to see a considerable increase in sales and profitability for the first half of 2021 compared to the same period of the previous year. The outlook for the year as a whole remains uncertain.
Annual General Meeting of Zehnder Group AG approves all motions made by the Board of Directors
Gränichen (Switzerland), 29 March 2021 – Zehnder Group AG (SIX: ZEHN), a leading international provider of complete solutions for a healthy indoor climate, held its Annual General Meeting on 26 March 2021. Once again, shareholders were unable to attend in person. All of the motions made by the Board of Directors were approved by a large majority.
Zehnder Group set to begin share buyback programme for the purposes of capital reduction
Gränichen (Switzerland), 23 March 2021 – The Zehnder Group (SIX: ZEHN), a leading international provider of complete solutions for a healthy indoor climate, will start a share buyback programme corresponding to a maximum of 5% of the listed registered shares A on 24 March 2021. The aim is to achieve a lasting concentration of earnings.
Zehnder Group achieves EBIT margin of 8%
Gränichen (Switzerland), 24 February 2021 – During the 2020 financial year, sales of the Zehnder Group (SIX: ZEHN), a leading international provider of complete solutions for a healthy indoor climate, fell by 4% to EUR 617.7 million as a result of COVID-19. Despite this, the immediate countermeasures that were launched and the consistent steps the Group continued to take with the aim of enhancing profitability made it possible to increase the operating result (EBIT) by 20% to EUR 50.5 million. Net profit rose by 25% to EUR 39.9 million. The Board of Directors proposes a dividend of CHF 1.25 per registered share A and is planning to launch a share buyback programme in the coming weeks for up to 5% of registered shares A over a maximum period of three years.