2013 Business Year: Growth in second half – Below expectations overall

Gränichen, Switzerland, 17 January 2014 – Zehnder Group, which operates internationally in the indoor climate sector (radiators and ventilation), reported sales in 2013 that were nearly on a par with 2012. Full-year sales revenues were EUR 523 million (unaudited,

EUR 524 million in 2012). The radiator segment accounted for 66% (2012: 67%) of this total and the ventilation business for 34% (2012: 33%). Foreign exchange adjusted, sales revenues were 1% above the 2012 level. Group management anticipates that with sales at the prior-year level and higher costs for the implementation of strategic projects, operating profit and net income will be lower than in 2012. Results for 2013 and the annual report will be published on 7 March 2014.

René Grieder
Moortalstrasse 1
5722 Gränichen

Chief Financial Officer

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