Decline in sales – slight increase in EBIT
29.07.2020

Gränichen (Switzerland), 29 July 2020 – During the first half of 2020, the sales of the Zehnder Group (SIX: ZEHN), a leading international provider of complete solutions for a healthy indoor climate, fell by 9% (-10% organically) to EUR 283.9 million as a result of COVID-19. Despite this, the immediate countermeasures that were launched and the consistent steps the Group continued to take with the aim of enhancing profitability made it possible to increase the operating result (EBIT) by 2% to EUR 17.5 million. The EBIT margin rose by 0.7 percentage points to 6.2%. Net profit was EUR 12.7 million (previous year: EUR 13.2 million).