Earnings release
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Media release Zurich , April 16 , 2021 conzzeta Interim information as of the end of Q1 2021 Revenue and order intake significantly higher - Zurich , April 16 , 2021 – The Conzzeta Group posted net revenue of CHF 337.8 million for the first three months of 2021. At stable exchange rates and adjusted for changes in the scope of consolidation , this corresponds to an increase of 18.0 % compared to the previous year . On the same basis , order intake in the Sheet Metal Processing segment increased by 54.2 % , also clearly exceeding the level of the first quarter of the pre - pandemic year 2019 . CHF m Group net revenue Sheet Metal Processing Change in % 3M 2021 3M 2020 reported organic¹ ) 337.8 298.4 13.2 % 18.0 % Order intake 252.7 169.7 48.9 % 54.2 % Net revenue 197.0 173.8 13.3 % 16.9 % Net revenue of discontinued operations Chemical Specialties Outdoor 76.4 64.5 73.82 3.4 % 13.4 % 50.8 26.9 % 28.2 % 1 At constant exchange rates and adjusted for changes in the scope of consolidation . 2 Including Schmid Rhyner ( CHF 6.9 million 2020 ) . The increase in revenue resulted in considerably higher business volumes in all business units . Operations in Europe and China and in high - margin segments improved at a disproportionately large extent . Order intake in the Sheet Metal Processing business unit ( Bystronic ) increased more strongly than anticipated in all regions and most product areas . The acceleration that began in the fourth quarter of 2020 has thus continued in the current year too . In addition to certain pandemic - related catch- up effects , revenue was higher , particularly also in the specific service areas to be developed under Bystronic's " Strategy 2025 " . The recovery was also evident in the Foam Partner business unit ( Chemical Specialties ) across all regions and segments . The Mammut ( Outdoor ) business unit doubled its sales in the digital sales channels year on year . Despite the lockdowns imposed across various regions , the physical sales channels also achieved good growth in the first quarter . The announced transformation of the Group , with the focus on Bystronic , continues to proceed according to plan . On April 1 , the company announced that the sale of the FoamPartner business unit ( Chemical Specialties segment ) had been completed by the end of March . If the positive business growth observed at Bystronic in the first quarter continues at a similar pace in the second quarter , the outlook for the financial year 2021 will probably be raised when the half - year results for 2021 are presented as planned on August 6 . Conzzeta Management AG Giesshuebelstrasse 45 8045 Zurich , Switzerland Phone +41 44 468 24 44 Fax +41 44 468 24 81 www.conzzeta.com 1/2