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Required fields The Sheet Metal Processing segment (Bystronic) generated net revenue of CHF 801.4 million in 2020 (previous year: CHF 936.0 million). At stable exchange rates, revenue declined by 9.4%. Order intake was CHF 777.4 million (CHF 929.4 million), 11.4% lower than the previous year on the same basis, and the order book level at year-end was CHF 206.8 million (CHF 242.3 million). The operating result amounted to CHF 52.3 million (CHF 121.1 million) with an EBIT margin of 6.6% (12.9%). Following an already weaker trend in the sheet metal processing market in 2019, customer demand collapsed in the first half of the year due to the pandemic and the widespread lockdowns. On the production side, there were certain supply bottlenecks and the temporary shutdown of some of our own plants. In the second half of the year, there was a partial recovery in business activity across all regions and product areas, with order intake in the fourth quarter 2.4% higher than in the
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EQS Group-Ad-hoc: Conzzeta / Key word(s): Personnel
Conzzeta: Change to the Board of Directors: Heinz O. Baumgartner nominated - Philip Mosimann not standing for
re-election
16-March-2021 / 06:33 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.
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Change to the Board of Directors of Conzzeta AG
Heinz O. Baumgartner nominated for the Board of Directors - Philip Mosimann not standing for re-election
Zurich, March 16, 2021 - The Board of Directors of Conzzeta AG will nominate Heinz Baumgartner as a new member of the
Board of Directors at the next Annual General Meeting on April 21, 2021. Philip Mosimann is retiring from the Board