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120 Results

26.02.2026 - Ad hoc announcement pursuant to Art. 53 LR

Zehnder Group continues transformation into innovative system provider of ventilation and indoor climate solutions

Group sales increased by 8% to EUR 760.7 million; driven by ventilation sales, which was up 18% to EUR 501.7 million
Operating result (EBIT) amounted to EUR 63.4 million (+348%), corresponding to an EBIT margin of 8.3% and a net profit of EUR 47.8 million
Adjusted EBIT¹ before one-off effects equalled EUR 65.2 million (+30% compared to previous year), corresponding to an EBIT margin of 8.6%
Cash flow from operating activities could be increased to EUR 80.0 million (+32%)
Proposal of a dividend of CHF 1.40 per registered share A (previous year: CHF 1.00)
Confirmation of medium-term targets of average annual sales growth of 5% and an EBIT margin of 9–11%

26.02.2026

Integrated Annual Report 2025

We are delighted to announce the publication of our Integrated Annual Report 2025.

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16.01.2026 - Ad hoc announcement pursuant to Art. 53 LR

Zehnder Group increases sales in a challenging market environment. Ventilation sales exceed EUR 500 million for the first time.

Zehnder Group sales rose by 8% to EUR 760.7 million in 2025. The sales growth was driven by further market development in the ventilation segment
Sales in the ventilation segment increased significantly by 18% to EUR 501.7 million, accounting for 66% of total sales. The Siber acquisition contributed to ventilation sales growth with 5%
Sales in the radiator segment decreased by 8% to EUR 259.0 million due to reduced renovation activity

Zehnder Group Capital Markets Day Promising future prospects for Zehnder's ventilation business

Accelerated transformation of the Zehnder Group from a traditional radiator company to an innovative, globally active system provider for ventilation and indoor climate
The effects of climate change, increasing air pollution, rising energy costs, and legal requirements are driving demand for economically attractive, energy-efficient, and reliable system solutions
Focus on expanding market leadership in Europe and geographical expansion in North America through value-generating acquisitions, expanding the service business on the growing base of installed equipment, and intensifying cooperation with the installation industry in Europe and expanding sales in the USA
Expanding the range of innovative products for the renovation and multi-family housing market is intended to accelerate future growth and broaden its base, making it less dependent on the construction cycle, together with the growing service business
High-end radiators are part of the integrated indoor climate business, but the share of the above-average profitable ventilation business in total sales, currently at 66 percent, will continue to rise

25.07.2025 - Ad hoc announcement pursuant to Art. 53 LR

Significant increase in sales and higher operating result in the first half of the year due to the growing ventilation segment

Group sales rose by 11% to EUR 382.8 million in the first half of 2025
Strong sales increase in the ventilation segment of 24% (organically +15%¹) to EUR 254.1 million; ventilation sales rose to 66% (previous year: 59%) of total sales
Operating result (EBIT) was EUR 32.7 million (+45%); EBIT margin of 8.5%; no one-off effects in the first half of 2025
Net profit increased by 229% to EUR 23.5 million
Cash flow from operating activities grew by 60% to EUR 22.9 million
Guidance for the 2025 financial year: sales of between EUR 740 and EUR 770 million and an adjusted EBIT margin approximately on the level of the first six months

25.07.2025

Six-month Report 2025

We are delighted to announce the publication of our Six-month Report 2025.

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