Bystronic AG
Conzzeta: Strong business trend in 1HY 2017
Conzzeta / Key word(s): Profit Warning/Half Year Results Conzzeta expects strong result for first half of 2017 Zurich, June 19, 2017 – Conzzeta announces a sustained strong performance for the first half of 2017. The robust performance seen in the second half of 2016 has been maintained, especially by the Sheet Metal Processing business unit and in Asia by the Group as a whole. The Group expects net revenue to increase by 15% to 20% and the operating result by over 40% compared with the subdued first semester of 2016. These figures include DNE Laser, acquired in the second half of 2016. For fiscal 2017 as a whole, the base effect of the strong second-half performance in 2016 must be taken into account in a year-on-year comparison. However, provided the business environment remains positive, Conzzeta anticipates that the annual result for 2017 will be higher than was expected in March this year. Conzzeta is due to publish the results for the first half of 2017 and the outlook for the second half on 11 August. For queries: Additional features: Document: http://n.eqs.com/c/fncls.ssp?u=RCTHXMQEPL Document title: Outlook 1HY 2017 End of ad hoc announcement |
Language: | English |
Company: | Conzzeta |
Giesshübelstrasse 45 | |
8045 Zürich | |
Switzerland | |
Phone: | +41 44 468 24 49 |
Fax: | +41 44 468 24 53 |
E-mail: | info@conzzeta.com |
Internet: | www.conzzeta.com |
ISIN: | CH0244017502 |
Valor: | A117LR |
Listed: | Regulated Unofficial Market in Berlin, Stuttgart; Open Market in Frankfurt; SIX Swiss Exchange |
End of Announcement | EQS Group News Service |