Metall Zug Ltd

METN

Equity

ISIN CH0039821084 / Valor 3982108

SIX Swiss Exchange (2024-12-23)

CHF 1,130.00-0.44%

Metall Zug Ltd
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About company

Metall Zug Ltd's Technology Cluster & Infrastructure Business Unit focuses on industrial development in Zug, including the establishment of a tech cluster and other infrastructure tasks. The unit consists of Tech Cluster Zug AG, Urban Assets Zug AG, and a joint venture with WWZ AG called Multi Energy Zug AG. Haag-Streit, a subsidiary of Metall Zug Ltd, specializes in high-quality products and services for diagnosis and surgery in ophthalmology and surgical microscopy. The company also operates in the fields of pulmonology and measuring instruments. The Business Unit's main responsibilities include real estate development, management, operation, and maintenance of the Tech Cluster Zug site, as well as sustainable infrastructures and tenant acquisition. Sustainability is a key focus for the Business Unit, with efforts to reduce the carbon footprint through energy supplies, buildings, and mobility solutions. Additionally, the Belimed Life Science Group, another subsidiary, develops and sells cleaning, disinfection, and sterilization systems for various industries.

Summarized from source with an LLMView SourceSector: Industrials

Net Revenue

Metall Zug Ltd's net revenue for Q1 2023 was CHF 494.7 million, a decrease from CHF 645.9 million in the same quarter of the previous year. This decline is primarily attributed to the divestiture of the Schleuniger Group, which contributed CHF 159.0 million to the previous year's revenue.

Operating Income

In Q1 2023, Metall Zug Ltd reported an operating income (EBIT) of CHF 13.8 million, significantly down from CHF 135.9 million in Q1 2022. The previous year's EBIT included a substantial contribution from the Schleuniger Group and a book gain from its deconsolidation.

Net Profit

Metall Zug Ltd's net profit for Q1 2023 was CHF 26.7 million, compared to CHF 137.3 million in Q1 2022. The decrease in net profit reflects the lower operating income and the absence of the Schleuniger Group's earnings.

Dividends

For Q1 2023, Metall Zug Ltd proposed a dividend of CHF 20.00 per registered share B, down from CHF 30.00 in the previous year. This reduction aligns with the company's lower earnings and strategic adjustments.

Strategic Outlook

Metall Zug Ltd plans to focus on its core business areas, including Medical Devices and Technology Cluster & Infra, following the completion of its transformation strategy. The company remains committed to its long-term investments in V-ZUG, Komax, and the newly formed joint venture with Miele.

Summarized from source with an LLMView Source

Key figures

-26.9%1Y

-41.8%3Y

-23.3%5Y

Performance

22.9%1Y

22.1%3Y

25.7%5Y

Volatility