Double-digit sales growth despite market challenges
The Zehnder Group expects double-digit sales growth to between EUR 380 million and EUR 390 million in the first half of 2025. The Aargau-based specialist for ventilation and radiators also expects a significant improvement in profitability.
Zehnder Group AG expects to improve its sales and profitability year-on-year in the first half of 2025. Specifically, the Aargau-based specialist for ventilation and radiators expects to achieve a double-digit increase in sales to between EUR 380 million and EUR 390 million, Zehnder announced in a press release. The target range for the EBIT margin is 8 to 9 per cent. In the same period last year, Zehnder realised an EBIT margin of 6.6 percent.
The internationally active group of companies is basing its forecast on increased demand for Zehnder’s products in the ventilation segment in North America and Europe. Improvements in sales and profitability were also supported by the acquisition of the Spanish company Siber in summer 2024. By contrast, sales in the radiator segment are currently weaker than in the past. This confirms “the strategy of consistently focussing on ventilation system solutions”, writes Zehnder.
The Group will communicate the unaudited figures for the first half of 2025 on 25 July. An outlook for the year as a whole will also be presented. Zehnder believes that the results in the second half of the year will depend on developments in its own customers’ inventory build-up, the impact of economic stimulus programmes in key markets and US customs policy. The company estimates the impact of any tariff extensions in the USA on its own business activities to be low.