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Zehnder Group ZEHN.SW · CHF

Industrials · SIX · 🇨🇭 Switzerland

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72.80

+0.83%

Close of 9 Nov 2026, in CHF

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About Zehnder Group

Its shares trade on SIX under the ticker ZEHN.SW. It has been listed since 10 August 2011. In the fiscal year to 31 December 2025, it reported revenue of €708.2m and net income of €43.4m. At that date it held total assets of €425.1m and shareholders' equity of €240.7m.

Zehnder Group AG is a holding company, which engages in the development, production and sale of radiators and ventilation systems. The company is headquartered in Graenichen, Aargau. The company went IPO on 2011-08-10. The Company’s activities are structured into four segments: Heating, which offers a range of heating solutions, ranging from designer radiators and radiant ceiling panels to heat pumps; Cooling, which offers solutions for indoor cooling, ranging from cooling ceiling systems to indoor ventilation; Fresh Air, which provides ventilation systems for indoor climate, they are suitable for all residential and commercial properties, new builds and renovation projects, and Clean Air, which provides clean air in buildings. The Company’s products and systems are marketed under two international brands and several national brands, including zehnder, runtal and ACOVA, among others.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Industrials
Industry
Building Products
Listed since
10 Aug 2011
Employees
3,413

Leadership

Pay as last reported

  • Mr. Matthias HuenerwadelChairman of the Group Executive Board, Chief Executive OfficerCHF 1.3m
  • Dr. Hans-Peter ZehnderNon-Executive Chairman of the Board, since 1985CHF 478,378
  • Mr. Joerg WaltherNon-Executive Vice Chairman of the Board of DirectorsCHF 255,078
  • Mr. Rene GriederChief Financial Officer, Member of the Group Executive Committee
  • Mr. Johannes BollmannChief Operating Officer, Ventilation EMEA and Member of the Group Executive Committee
  • Mr. Joerg MetzgerChief Operating Officer, Radiators EMEA and Member of the Group Executive Committee
  • Ms. Dorien TerpstraChief Commercial Officer and Member of the Group Executive Committee
  • Ms. Milva Inderbitzin-ZehnderNon-Executive Member of the Board of DirectorsCHF 137,591
  • Mr. Ivo WechslerNon-Executive Member of the Board of DirectorsCHF 137,591
  • Dr. Urs BuchmannNon-Executive Independent DirectorCHF 131,688
  • Mr. Riet CadonauNon-Executive Independent DirectorCHF 164,063
  • Ms. Sandra EmmeNon-Executive Independent DirectorCHF 137,591

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
78
Environment
65
Social
99
Governance
69
Direct emissions (scope 1)
8,377 t
Energy emissions (scope 2)
13,356 t
Value chain emissions (scope 3)
1,602,591 t
Women in the workforce
25.5%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Zehnder Group AG enjoys a strong market presence as a leading global provider of heating, ventilation, and air conditioning (HVAC) solutions. The company has established itself as a reliable and trusted brand, with a wide range of high-quality products and services that cater to diverse customer needs.
  • Zehnder Group AG invests significantly in research and development, resulting in an innovative product portfolio. The company continuously introduces new, energy-efficient and sustainable HVAC solutions that meet evolving customer demands and compliance regulations. This technological advantage gives Zehnder Group AG a competitive edge in the market.

Weaknesses

  • Zehnder Group AG's revenue is heavily dependent on specific geographical markets, which exposes the company to regional economic fluctuations and geopolitical risks. Any adverse conditions in these markets can significantly impact the company's financial performance and growth prospects.
  • Zehnder Group AG relies on external suppliers for raw materials and components. Any disruptions in the supply chain, such as delays or quality issues from these suppliers, may affect the company's manufacturing processes and timely delivery of products to customers, resulting in potential customer dissatisfaction and loss of market share.

Opportunities

  • The global demand for energy-efficient solutions is continuously growing due to increasing environmental concerns and government regulations. Zehnder Group AG can capitalize on this opportunity by further expanding its product range of sustainable and energy-saving HVAC systems, attracting environmentally conscious customers and gaining a larger market share.
  • Zehnder Group AG can explore opportunities to expand its presence in emerging markets, where the demand for HVAC solutions is rising rapidly. By establishing strategic partnerships and investing in local production facilities, the company can increase its market presence, reach new customers, and tap into untapped growth potential.

Threats

  • Zehnder Group AG operates in a highly competitive HVAC market, facing competition from both established players and new entrants. The presence of numerous competitors with similar product offerings can lead to price wars, reducing profit margins and hindering the company's market share growth.
  • The company may face risks associated with macro-economic factors, such as economic recessions, exchange rate fluctuations, and trade barriers. These factors can impact consumer spending, construction activities, and overall demand for HVAC solutions, affecting Zehnder Group AG's financial performance and market position.

Sources and methodology

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