Zehnder Group Forecasts Positive Growth for First Half of 2025

Zehnder Group AG anticipates notable growth in the first half of 2025, projecting double-digit sales increases and improved EBIT margins. The ventilation segment has shown strong performance, particularly in North America and Europe, supported by organic growth and the Siber acquisition. This segment is expected to drive profitability, despite continued declines in radiator sales. The company forecasts sales between EUR 380 million and EUR 390 million, with an adjusted EBIT margin of 8% to 9%, compared to the previous year's EUR 344.7 million in sales and a 6.6% EBIT margin.

The company expects no significant one-off costs and believes that demand has stabilized across various markets. Future developments will depend on inventory trends, economic stimulus effects, and potential impacts from US tariff changes. It expects minor effects on its business in the second half of 2025. Zehnder Group plans to release unaudited results for the first six months of 2025 on July 25, 2025, while providing a future outlook for the entire year.