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Metall Zug AG (METN.S)

METN.S on Swiss Exchange

2,020.00CHF
16 Sep 2019
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Latest Key Developments (Source: Significant Developments)

Metall Zug AG Posted Gross Sales Of CHF 576.5 Mln In First Half Of 2019
Monday, 19 Aug 2019 

Aug 19 (Reuters) - Metall Zug AG ::POSTED GROSS SALES OF CHF 576.5 MILLION IN FIRST HALF OF 2019 - THIS CORRESPONDS TO AN INCREASE OF 4.0% COMPARED WITH FIRST HALF OF 2018.HEINZ BUHOFER TO TEMPORARILY ASSUME MANAGEMENT OF HOUSEHOLD APPLIANCES BUSINESS UNIT, HAND OVER AS CHAIRMAN OF BOARD OF CO TO MARTIN WIPFLI.AS OF MARCH 31, 2020, JÜRG WERNER WILL RELINQUISH HIS OPERATIONAL FUNCTION AS CEO OF METALL ZUG AG AND RETIRE.OPERATING RESULT (EBIT) FOR FIRST HALF OF 2019 CAME TO CHF -1.6 MILLION (H1 2018: CHF 36.4 MILLION).IN FIRST HALF OF 2019 OPERATING RESULT (EBIT) WAS ADVERSELY AFFECTED BY PROVISIONS TOTALLING CHF 13.7 MILLION.  Full Article

Metall Zug Group enlarges Board of Directors
Thursday, 28 Mar 2019 

March 28 (Reuters) - Metall Zug AG ::ENLARGES BOARD OF DIRECTORS.TO PROPOSE TO THE GENERAL MEETING OF SHAREHOLDERS ON MAY 3, 2019, THAT SANDRA EMME, CLAUDIA PLETSCHER AND DOMINIK BERCHTOLD BE ELECTED AS NEW BOARD MEMBERS.ALL OF THE CURRENT MEMBERS OF THE BOARD OF DIRECTORS OF METALL ZUG AG WILL BE PUT FORWARD FOR RE-ELECTION.  Full Article

Metall Zug Group: New Business Unit For Infrastructure And Technology Cluster Zug
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - METALL ZUG AG ::NEW BUSINESS UNIT FOR INFRASTRUCTURE AND TECHNOLOGY CLUSTER ZUG.  Full Article

Metall Zug Intends To Spin Off The Life Science Business Area
Tuesday, 5 Jun 2018 

June 5 (Reuters) - Metall Zug AG ::BELIMED LIFE SCIENCE TO BECOME AUTONOMOUS BUSINESS UNIT.LIFE SCIENCE BUSINESS AREA WILL OPERATE AS A NEW, AUTONOMOUS BUSINESS UNIT WITH EFFECT FROM JANUARY 1, 2019.  Full Article

Metall Zug Acquires Majority Holding In Haag-Streit Holding AG
Friday, 22 Dec 2017 

Dec 22 (Reuters) - METALL ZUG AG ::NEW BUSINESS UNIT - ACQUISITION OF A MAJORITY HOLDING IN HAAG-STREIT HOLDING AG.HAS SIGNED AN AGREEMENT TO ACQUIRE 70% OF HAAG-STREIT HOLDING AG, BASED IN KÖNIZ, SWITZERLAND.TRANSACTION IS EXPECTED TO BE CONSUMMATED DURING Q1 OF 2018.PARTIES INVOLVED HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE.METALL ZUG IS IN A POSITION TO FINANCE PURCHASE PRICE ITSELF FROM AVAILABLE LIQUID FUNDS.  Full Article

Metall Zug: ‍schleuniger Holding to buy 60% of Prueftechnik
Monday, 13 Nov 2017 

Nov 13 (Reuters) - METALL ZUG AG ::‍ACQUIRES MAJORITY IN ADAPTRONIC PRÜFTECHNIK GMBH​.‍TRANSACTION IS EXPECTED TO BE CONCLUDED AT BEGINNING OF 2018​.‍SCHLEUNIGER HOLDING AG TO ACQUIRE 60% OF ADAPTRONIC PRÜFTECHNIK GMBH​.  Full Article

Metall Zug cuts FY operating result outlook
Friday, 3 Nov 2017 

Nov 3 (Reuters) - METALL ZUG AG ::SALES IN HOUSEHOLD APPLIANCES BUSINESS UNIT IN2017 ARE LIKELY TO SLIGHTLY FALL SHORT OF PREVIOUS YEAR'S LEVEL​.‍IN INFECTION CONTROL BUSINESS UNIT, SOME PROJECTS IN LIFE SCIENCE SEGMENT WILL BE DELAYED INTO 2018​.‍UNSATISFACTORY STATUS OF RESTRUCTURING OF LIFE SCIENCE SEGMENT IS IMPACTING ON RESULT​.‍OPERATING RESULT FOR 2017 IS THEREFORE LIKELY TO AMOUNT TO AROUND CHF 75 MILLION (2016: CHF 94 MILLION)​.‍PROJECTED A SLIGHTLY LOWER OPERATING RESULT FOR 2017 AS A WHOLE COMPARED WITH PREVIOUS YEAR (CHF 94 MILLION)​.  Full Article