Future consolidation of radiator production for flat tube radiators at the plant in France Conversion of the production site in Graenichen (CH) by building an international competence centre for the growing service and maintenance business and for information, training and professional development purposes Plans to reduce up to 50 production job [ … ]

Group sales fell by 15% to EUR 344.7 million in the first half of 2024; ventilation and radiator segments both recorded lower sales Operating result (EBIT) of EUR 12.5 million, corresponded to an EBIT margin of 3.6% The divestment of the Climate Ceilings Solutions business resulted in a one-off loss of EUR 8.1 million; selective organisational a [ … ]

Zehnder strengthens its residential ventilation business in line with its strategy by acquiring Siber in Spain Complementary geographical presence and strong strategic fit in terms of customers and products Siber expects sales of around EUR 37 million for the 2024 financial year Closing expected to take place in the coming weeks Graenichen (CH) [ … ]

The non-core Climate Ceiling Solutions business has been loss-making in recent years Private Assets takes over German Climate Ceiling Solutions unit One-off loss of about EUR 10 million (mostly cash neutral) expected Continued focus on execution of strategy in core businesses Outlook for the first half of 2024: Sales decline in the mid-teen pe [ … ]

Group sales decreased by 6% to EUR 762.1 million in the reporting year 2023 Operating result (EBIT) declined by 16% to EUR 60.2 million; corresponding to an EBIT margin of 7.9% Cash flow from operating activities increased by 48% to EUR 87.8 million due to lower trade receivables and inventories Board of Directors proposes a dividend of CHF 1.3 [ … ]

Group sales decreased by 6% to EUR 762.1 million Acquisitions and price increases had a positive effect on revenue; declining volumes had a growing negative impact on sales in the second half of the year The full annual financial statements for 2023 will be published on 28 February 2024 Graenichen (CH), 19 January 2024: Zehnder Group (SIX: ZEHN), [ … ]