Conzzeta Group: vigorous growth and a good result

The Conzzeta Group can look back on an excellent business year in 2007. Operating in a favorable economic climate, the Group was able to increase consolidated net revenues by 18.3% to CHF 1 507.0 million (previous year: CHF 1 273.6 million). The growth was most marked in Sheet Metal Processing Systems, but all the other business units reported higher revenues as well. Europe remains the most important market region, with a 69.1% share of sales, followed by Asia with 14.3%. Operating profit (EBIT) rose from CHF 80.6 million to CHF 132.1 million. The operating margin was 8.8%. Group profit was up from CHF 71.1 million to CHF 161.4 million. This includes an extraordinary profit of CHF 56.5 million, arising primarily from the proceeds of a real estate sale in Wallisellen. An increase in the dividend from CHF 45 to CHF 70 per bearer share will be proposed to the Shareholders' Meeting on April 29, 2008.

Please download the complete media release as a PDF document.