Slower growth in sales and ongoing high investments

Growth at Zehnder Group, which operates internationally in the indoor climate sector (radiators and ventilation), has slowed further since mid-year. At year-end, sales will be only slightly above last year's figures, while as a result of increased investment in organic growth and internal processes, operating profit and net income will come in around 20% below last year's level.

René Grieder
Moortalstrasse 1
5722 Gränichen

Chief Financial Officer