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EQS-Adhoc: Conzzeta: Strong business trend in 1HY 2017

| Quelle: Dow Jones Newswire Web

EQS Group-Ad-hoc: Conzzeta / Key word(s): Profit Warning/Half Year Results
Conzzeta: Strong business trend in 1HY 2017

19-Jun-2017 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR

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:
Michael Stäheli, Head Investor Relations & Corporate Communications
Phone: +41 44 468 24 49; media@conzzeta.com

*About Conzzeta*
Conzzeta is a broadly diversified Swiss holding company. It stands for
innovation, reliability and a long-term perspective. Conzzeta strives to
achieve leading positions in its target markets, with above-average growth
and long-term value creation. Over 4000 employees at more than 60 locations
worldwide are dedicated to offering customers innovative solutions in Sheet
Metal Processing, Sporting Goods, Foam Materials, Graphic Coatings and Glass
Processing. Conzzeta is listed on the SIX Swiss Exchange (SIX:CON).

Additional features:

Document: http://n.eqs.com/c/fncls.ssp?u=RCTHXMQEPL [1]
Document title: Outlook 1HY 2017
End of ad hoc announcement
Language: English
Company: Conzzeta
Giesshübelstrasse 45
8045 Zürich
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

583607 19-Jun-2017 CET/CEST

1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=2da211a8d1c25c135c787a38e1477611&application_id=583607&site_id=vwd&application_name=news

(END) Dow Jones Newswires

June 19, 2017 01:00 ET (05:00 GMT)


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