Arbon, 9 December 2020 - The second half of the financial year 2020 is going very well for Arbonia.

• Organic* growth in the second half-year is expected to be > 4%, approximately 2% in Swiss francs. 
   
• The revenue for the full year of 2020 is predicted to grow organically by > 1% but to decrease by around 2% in Swiss francs. 
   
• Consequently, Arbonia expects an EBITDA margin of approximately 11% for the financial year 2020; this corresponds to an EBITDA in the order of CHF 150 million. (Increase of ~ 11% without one-time effects and ~ 20% with one-time effects compared to the previous year)
   
• If this is the case, the EBIT, the free cash flow and the net profit will increase disproportionately.

Arbon, 10 November 2020 – The new lending facility of CHF 250 million will once again be issued in the form of a syndicated loan, replacing the existing syndicated loan of CHF 350 million ahead of schedule, with an original term from September 2016 to September 2021. Arbonia managed to secure better structural conditions.

Arbon, 18. August 2020 – Compared with last year, currency-adjusted revenue declined by 1.7%, while the revenue in Swiss francs decreased by 6.3% from CHF 688.4 million to CHF 644.9 million. Due to the improved cost structure, adjusted EBITDA (without one-time effects) grew to CHF 55.5 million from CHF 52.3 million (+6.1%) compared to the same period in the previous year. EBITDA with one-time effects increased from CHF 48.3 million in the same period last year to CHF 54.4 million, which represents an increase of 12.6%. Adjusted EBIT (without one-time effects) increased by 24.8% from CHF 11.5 million to CHF 14.4 million. EBIT with one-time effects increased by 76.7% from CHF 7.5 million to CHF 13.3 million. Adjusted group result after tax without one-time effects totalled CHF 5.5 million, compared to CHF 7.0 million in the same period last year. Group result after tax with one-time effects increased by 33.3% to CHF 4.6 million (previous year CHF 3.5 million).

Arbon, 13 July 2020 – In the first half-year of 2020, business development at Arbonia was influenced by the COVID-19 pandemic and currency. Compared with last year, currency-adjusted revenue declined by 1.7%, while the revenue in CHF decreased by 6.3%. Due to the improved cost structure, Arbonia expects the EBITDA (with and without special effects) to exceed the figure for the previous year, accompanied by a disproportionate increase in the EBIT.*

Arbon, 19 June 2020 – Harald Pichler will step down as Head of the Windows Division and member of Group Management of the Arbonia Group. Nicolas Casanovas, Managing Director and Head of Sales at EgoKiefer AG, will succeed him on 1 July 2020.

Arbon, 5 June 2020 – Effective 1 September 2020, Markus Hütt will join the Doors Division of the Arbonia Group. He previously acted as CEO Central Europe for the American door manufacturer JELD-WEN. With his in-depth expertise in the doors industry and his many years of management experience, he is the perfect complement to Claudius Moor’s team.

Arbon, 24 April 2020 – Today’s General Meeting of Arbonia AG was held without shareholders present based on article 6a of Ordinance 2 of the Swiss Federal Council on the Measures for Fighting the Coronavirus (COVID-19 Ordinance 2). Shareholders were able to exercise their rights through the independent proxy only. All motions proposed by the Board of Directors were approved. As a precaution and an additional measure for liquidity assurance, the Board of Directors resolved at its ordinary meeting, prior to the Annual General Meeting, to postpone the dividend, despite strong results and secured liquidity, and to return to the matter in autumn 2020.

Arbon, 9 April 2020 – In view of the spread of COVID-19 and as a result of the decrees and measures issued by governments to date, national economies of Europe and, consequently, the global economy are expected to move into a recession in 2020. The Arbonia Group will also be affected by this in the 2020 financial year.

Despite these developments, Arbonia nevertheless had a good start to the financial year in all four divisions. In the first quarter of 2020, currency-adjusted revenue growth was 2.7% compared to the previous year. Net revenues decreased by 2.0% to CHF 326.2 million. EBITDA rose by 12.6% to CHF 22.5 million compared to the previous year.*

Though the results in the first three months exceeded the figures for the previous year and even our own expectations, the estimates for the coming year since the release of the results for the full year 2019 in February 2020 have changed negatively due to the COVID-19 pandemic, measures issued by governments and their economic implications. As neither the overall economic effects nor the impact on the Arbonia business units can be estimated, Group Management has decided to suspend guidance for the current financial year at the moment.

Arbon, 31 March 2020 – Peter Spirig will step down as Head of the Doors Division and member of Group Management of the Arbonia Group at his own request and hand over the reins to Claudius Moor, Managing Director and Head of Sales at Prüm and Garant, effective 1 July 2020.

• Net revenue: CHF 1416.0 million. (+3.1% compared to de previous year, CHF 1374.0 million)
• EBITDA of almost CHF 135 million at the upper end of the guidance (CHF 128 million - CHF 136 million)
• EBITDA without one-time effects: CHF 134.8 Mio. (previous year: CHF 115.1 million)
• EBITDA with one-time effects[1]: CHF 124.5 Mio. (previous year: CHF 130.5 million incl. proceeds of CHF 25.7 million from the sale of real estate)
• Group result without one-time effects: CHF 36.5 million (previous year: CHF 23.8 million)
• Group result with one-time effects: CHF 26.2 million (previous year: CHF 38.7 million incl. proceeds from the sale of real estate)

Arbon, 25 February 2020 – Arbonia increased the group revenue compared to the previous year (CHF 1374.0 million) by 3.1% to CHF 1416.0 million. Organic growth adjusted for acquisitions and currency effects amounted to 2.0%, with positive price effects in all divisions making a major contribution. Arbonia increased its EBITDA without one-time effects by 17% in the financial year 2019 compared to 2018 from CHF 115.1 million to CHF 134.8 million. EBITDA without one-time effects at the HVAC Division rose by 7.7%, at the Sanitary Equipment Division by 21.5%, at the Windows Division by 69.3%, and at the Doors Division by 9.2%. While the one-time effects in the reporting year were largely due to the closure costs of three production plants and were therefore negative (just under CHF 10 million), the one-time effects in 2018 on the other hand were positive at just under CHF 26 million due to the sale of property no longer required for operations. EBITDA with one-time effects decreased from CHF 130.5 million to CHF 125.4 million due to the described negative effects of the production plant closures and restructuring in 2019 and the positive effects in 2018. Despite a 32% increase in depreciation due to IFRS 16, investments and acquisitions, EBIT without one-time effects rose from CHF 47.8 million to CHF 52.3 million, which represents an increase of 9.5%. EBIT with one-time effects fell from CHF 61.0 million to CHF 39.7 million. Arbonia achieved a group result without one-time effects of CHF 36.5 million. In the previous year, this figure was CHF 23.8 million. Group result with one-time effects amounted to CHF 26.2 million (previous year: CHF 38.7 million incl. proceeds from the sale of real estate).

Due to the positive earnings figures, cash flow from operating activities increased by 60.7% from CHF 69.6 million to CHF 111.8 million and the free cash flow by CHF 62.2 million from CHF –53.8 million to CHF 8.4 million.

• Net revenue of CHF 1416.0 million (+3.1% compared to previous year)
• 2.0% growth[1] when adjusted for currency and acquisition effects
• Despite lower revenue in the Windows Division, the quality of earnings was better than predicted
• Arbonia confirms EBITDA guidance

Arbon, 21 January 2020 – Arbonia achieved a net revenue of CHF 1416.0 million in 2019, which is an increase of 3.1% compared with the previous year (CHF 1374.0 million). When adjusted for currency and acquisition effects, revenue for the full year 2019 grew by 2.0% (1.4% organic growth in H1 2019, 2.5% organic growth in H2 2019).

The Windows Division is responsible for the lower than predicted organic growth of the entire Arbonia Group, experiencing reduced revenue compared with the previous year due to changes in the product mix. However, this has resulted in improved profitability. The revenue development in the other three divisions was as expected.

The prevalent lack of skilled workers is continuing to have a negative impact on all divisions and regions in both the installation trade and the production sectors. As a consequence, certain orders have not been completed or have been postponed until the following year.