Zehnder Group AG Class A

Zehnder Group AG Class A

75.80
EUR
-2.10
(-2.70%)
755.45MMarket Cap
Feb 25Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
44.64
44.94
45.66
46.23
50.63
52.05
55.47
52.97
59.96
70.92
67.72
63.19
68.4
- -
Basic EPS, GAAP
1.41
2.19
0.01
1.74
1.34
1.98
2.63
3.34
5.13
4.84
3.84
0.15
4.16
- -
Free Cash Flow per Basic Share
0.17
2.23
0.21
-0.92
-0.72
0.53
1.47
6.74
4.99
2.81
5.73
3.89
5.65
- -
Dividend per Share
0.73
0.45
0.95
- -
0.89
0.43
0.71
0.66
1.14
1.76
1.83
1.38
1.06
- -
Book Value per Share
20.95
22.97
21.84
22.95
22.4
23.2
24.81
26.85
29.8
28.51
29.83
20.86
23.26
24.04
Tangible Book Value per Share
20.7
22.73
21.65
22.82
22.27
22.9
24.52
26.59
29.54
27.91
29.25
19.39
21.97
22.84
Basic Weighted Avg Shares
12
12
12
12
12
12
12
12
12
11
11
11
11
11
Sales/Revenue/Turnover
522
525
533
539
582
602
644
618
697
813
762
706
761
- -
Operating Margin (%)
6.2
6.21
3.11
0.11
3.97
5.12
6.46
8.16
9.74
8.76
7.95
5.2
8.19
- -
Depreciation Expense
19
20
21
27
22
22
23
24
23
24
24
25
24
- -
Net Income, GAAP
17
26
- -
20
15
23
31
39
60
55
43
2
46
- -
Effective Tax Rate (%)
35.56
23.91
93.75
33.88
23.96
15.86
22
15.47
11.99
19.55
21.72
120.16
20.86
- -
Profit Margin (%)
3.16
4.88
0.02
3.77
2.64
3.81
4.75
6.3
8.56
6.82
5.67
0.24
6.09
- -
Working Capital
113
128
101
103
96
104
124
163
193
142
146
118
92
123
LT Debt
13
9
8
8
7
6
8
7
10
- -
- -
- -
- -
- -
Total Equity
256
282
269
280
271
283
303
327
364
341
347
242
268
276
Return on Invested Capital (%)
7.58
8.8
0.11
9.86
6.15
9.02
10.61
13.14
17.61
16.87
14.52
-1.04
21.63
- -
Return on Capital (%)
5.56
8.95
-0.02
4.45
5.07
7.48
9.58
11.78
16.81
15.33
12.4
1.81
18.07
- -
Return on Common Equity (%)
6.84
9.99
0.04
7.85
5.91
8.7
10.99
12.95
18.14
16.56
13.17
0.6
18.86
- -

Capital Structure

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
797
979
755

Working Capital

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
274
256
292
Cash, Cash Equivalents & STI
45
40
44
Accounts Receivable, Net
118
105
129
Inventories
82
84
90
Total Current Liabilities
156
164
169
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.74%
-2.56%
10.77%
Free Cash Flow
-14.23%
8.32%
44.7%
Net Income, GAAP
2,283.7%
510.34%
2,623.53%
Sales/Revenue/Turnover
3.9%
4.72%
7.78%
Total Cash Common Dividend
- -
15.59%
-23.38%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
706
2025
- -
- -
761
2026
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.15
2025
- -
- -
4.16
2026
- -
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.38
2025
- -
- -
1.06
2026
- -
- -
- -

Company Description

CEO
Matthias P. Hünerwadel
Full Time Employees
3,636
Sector
Producer manufacturing
Industry
Building products
Address
Moortalstrasse 1 Granichen AG Switzerland 5722
IPO Date
Aug 10, 2011
Business
Zehnder Group AG manufactures and distributes indoor climate solutions worldwide, including decorative radiators, comfortable indoor ventilation systems, heating and cooling ceilings, and industrial air cleaning products; it operates through brands such as Zehnder, Acova, Caladair, CORE, Enervent, Exvent, Filtech, Greenwood, Lifebreath, Rittling, Runtal, Siber, Fortuneway, and Nather. The company serves residential, commercial, and industrial customers with energy-efficient heating, ventilation, air purification, and heat recovery technologies. Founded in 1895 and headquartered in Gränichen, Switzerland, Zehnder Group conducts operations in over 70 countries across Europe, North America, and Asia-Pacific, with 18 production sites and a focus on EMEA and North American markets. In 2024, Zehnder Group acquired Spanish ventilation specialist Siber for EUR 86 million to strengthen its residential ventilation position in Southern Europe, particularly Spain and Portugal, where Siber provides complete systems for new-build apartments; it sold its non-core Climate Ceiling Solutions division and relocated radiator production from Switzerland to France while outsourcing in China. The company targets 5% annual sales growth and 9-11% EBIT margins through ventilation expansion, service enhancements, and North American leadership under new regional president Valentina Videva Dufresne from January 2025.