Major shareholders Ammann Group and Rudolf Maag plan to reduce their stake | Both shareholders remain investors | Increase in free float
Dietlikon, 30 August 2013 – Implenia has received notification from its two major shareholders Ammann Group and Rudolf Maag that they plan to reduce their stake. Together, this reduction should represent about 10% of Implenia's share capital. Both shareholders are long-term investors in Implenia. Implenia’s CEO Anton Affentranger says: "In the name of our company I would like to thank the Ammann Group and Rudolf Maag for their loyalty and trust. It is largely thanks to their efforts during the critical phase of a hostile take-over attempt that Implenia was able to successfully implement its strategy as an independent company. We are very pleased that both companies will continue to hold shares in Implenia." Implenia views the possible changes in the shareholder structure as an opportunity to increase the free float and thus further widen the shareholder base.
Both shareholders were invested during the highly successful development of Implenia, which culminated in the company being able to reach its medium-term EBIT target of CHF 100 million in 2012 – one year earlier than planned. At the beginning of the year, Implenia set the course with its project "Daring to Shape our Future", which is designed to continue the positive development of the last few years. In the medium term, Implenia hopes to achieve an EBIT target of CHF 140-150 million.
Implenia is Switzerland's leading construction and construction services company. Formed in 2006 from the merger between Zschokke and Batigroup, Implenia can look back on approximately 150 years of history in the construction industry. The company brings the expertise of its highly skilled Modernisation & Development, Buildings and Tunnelling & Civil Engineering Sectors, and its Switzerland and Norway Regions under the single roof of a nationally and internationally active company. With its integrated business model and specialists operating in all its divisions, Implenia can manage a building project through its entire lifecycle and deliver work that is economical, integrated and customer-centric. The focus is on striking a sustainable balance between financial success and social and environmental responsibility.
Implenia has its head office in Dietlikon near Zurich, employs more than 6700 people and generated a revenue of around CHF 2.7 billion in 2012. The Company is listed on the SIX Swiss Exchange (IMPN, CH0023868554). Further information at www.implenia.com.