Gränichen (Switzerland), 26 July 2019 – In the first half of 2019, the Zehnder Group (SIX: ZEHN), a leading international provider of complete solutions for a healthy indoor climate, increased its sales by 8% to EUR 313.6 million, with the operating result (EBIT) rising from EUR 14.1 million over the same period last year to EUR 17.1 million (+21%).

Interim results for the six months ended 31 August 2011 Net profit improved significantly, rising from EUR 1.6 million to EUR 10.6 million. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. With over half a century of expertise and trusted heritage to support them, the two companies are well established producers, marketers and distributors of a wide variety of agricultural seeds across several countries in Africa. It boasts an impressive leadership team, intent on optimising current operations and growing into new and international markets by leveraging its broad consumer product basket and state-of-the-art infrastructure.

Zeder has considerable influence in Zaad – which delivered over R700m in annual turnover for the year – and actively supports its management in driving an aggressive growth strategy in the region. The group reports on financial performance twice annually in October and April for interim and annual results respectively.
Despite this, the immediate countermeasures that were launched and the consistent steps the Group continued to take with the aim of enhancing profitability made it possible to increase the operating result (EBIT) by 2% to EUR 17.5 million.
Check out the personal finance news from the world of business including BSE, Forex, IPO, stocks, mutual funds to manage your finances. Already subscribed? Gränichen (Switzerland), 29 July 2020 – During the first half of 2020, the sales of the Zehnder Group (SIX: ZEHN), a leading international provider of complete solutions for a healthy indoor climate, fell by 9% (-10% organically) to EUR 283.9 million as a result of COVID-19. This move strengthens its market share in heat exchangers for residential buildings in Europe. ZED is not currently paying a regular dividend. By David Grimm Apr. WATCH: What is needed to reboot the economy, Equity fundraising to become necessity for SA firms, even if investors don’t like it, WATCH | How to introduce e-commerce into business, Shiny future for Burkina Faso’s gold-mining industry, Trump allies poised to rush through new justice Amy Coney Barrett, Why the Kremlin is worried that Joe Biden will win, Zimbabwe’s central bank accused of rigging the exchange rate. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000.

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