Zehnder Group AG

ZEHN

Equity

ISIN CH0276534614 / Valor 27653461

SIX Swiss Exchange (2024-12-23)

CHF 44.25+0.91%

Zehnder Group AG
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About company

Zehnder Group AG is a company that focuses on providing indoor climate solutions to improve the quality of life for its customers. With a history dating back to 1895 in Switzerland, the company has grown to operate in more than 70 countries worldwide, with 17 production sites. Zehnder offers a variety of products, services, and solutions to meet the needs of its global customer base.

Summarized from source with an LLMView SourceSector: Industrials

Revenue Decline

Zehnder Group AG reported a revenue of EUR 762.1 million for the year 2023, marking a 6.2% decrease compared to the previous year. This decline in revenue reflects the challenging market conditions and reduced demand in certain segments.

Net Profit Reduction

The net profit for Zehnder Group AG in 2023 was EUR 44.6 million, which represents a significant 21.3% decrease from the previous year's net profit of EUR 56.7 million. This reduction is attributed to lower sales and increased operational costs.

EBITDA Performance

Zehnder Group AG's EBITDA for 2023 stood at EUR 84.8 million, down by 11.0% from EUR 95.3 million in 2022. The decline in EBITDA is primarily due to the reduced revenue and higher material costs experienced during the year.

Dividend Proposal

The Board of Directors of Zehnder Group AG has proposed a dividend of CHF 1.30 per registered share A for the year 2023. This is a decrease from the CHF 1.80 per share distributed in the previous year, reflecting the lower profitability of the company.

Cash Flow from Operating Activities

Zehnder Group AG reported a cash flow from operating activities of EUR 87.8 million for 2023, an increase from EUR 59.3 million in 2022. This improvement is mainly due to better working capital management and reduced inventory levels.

Summarized from source with an LLMView Source

Key figures

-17.4%1Y

-51.9%3Y

-1.67%5Y

Performance

31.9%1Y

32.6%3Y

32.9%5Y

Volatility