Six month Report 2015

    Decline in revenues and strong currency effects

    Zehnder Group, an international provider of solutions for a comfortable, healthy and energy-efficient indoor climate, achieved net sales of EUR 253.2 million in the first half of 2015, slightly above those of the previous year. Adjusted for currency effects, revenues declined by 4 %. The slow construction market, insufficient production capacity utilisation and increasing pricing pressures impacted earnings negatively. Combined with unfavourable currency effects, this resulted in a significantly lower net income of EUR 2.2 million.

    René Grieder
    Moortalstrasse 1
    5722 Gränichen

    Chief Financial Officer

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