04.03.2016

2015 annual financial statement: Restructuring costs and currency effects adversely impact profits

Gränichen, Switzerland, 4 March 2016 – In 2015, amidst consistently challenging market conditions, the Zehnder Group recorded sales of EUR 533.0 million. This represented a 2% increase on the previous year, in which sales of EUR 525.1 million were recorded. Organically and once adjusted to reflect exchange rates, sales were 3% below the level of the previous year. Due to the impact of one-off restructuring costs and negative currency effects, the operating profit (EBIT) fell from EUR 32.7 million to EUR 5.2 million. Net income came out at EUR 0.3 million (compared to EUR 26.0 million in the previous year).

René Grieder
Moortalstrasse 1
5722 Gränichen
Suisse

Chief Financial Officer

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