19.08.2011

Six-Month report 2011: Sales and operating result substantially higher

In the first six months of 2011, Zehnder Group, with international operations in the indoor climate sector (radiators and ventilation systems), increased sales by 11.6% to EUR 242.8 million year on year and the operating result (EBIT) by 15.6% to EUR 22.1 million. Negative foreign exchange developments led to marginally lower net income of EUR 15.1 million (EUR 16.4 million for the first half of 2010). As communicated earlier, Group executive committee anticipates slightly higher sales in the radiator segment and a noticeable increase in the ventilation segment for the entire year; overall, the operating margin is expected to remain at the previous year’s level.

René Grieder
Moortalstrasse 1
5722 Gränichen
Switzerland

Chief Financial Officer

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