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    CLTN   CH0025343259

COLTENE HOLDING AG

(CLTN)
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COLTENE Holding AG: Change in the Group Management

05/04/2021 | 01:05am EDT

Media release

Altstätten, May 04, 2021

COLTENE Holding AG: Change in the Group Management

John Westermeier, Vice President Marketing & Sales North America and Managing Director of SciCan Ltd. in Toronto has decided for private reasons to step down from the Group Management of COLTENE end of June 2021.

As part of the merger of COLTENE and SciCan in October 2018, John Westermeier joined the current COLTENE Group as the former CEO of SciCan. Since then, he had successfully shaped the development of SciCan within the COLTENE Group. In the future, he would like to be able to devote more time to private projects. The company will announce the arrangement of his successor at a later date.

Martin Schaufelberger, CEO of the COLTENE Group, comments: "We respect John's decision, but regret his departure. As a customer-focused leader, he had strongly developed SciCan's sales in North America. In particular, after the merger with COLTENE, he had successfully merged the sales organizations in North America and was responsible for leading sales and marketing communications in the region. I thank John Westermeier for his great commitment to the COLTENE Group and wish him all the best for the future."

*****

Financial Calendar

Release of Half-year Report 2021 and

August 6, 2021

Conference call on the half-year results 2021

Release of Annual Report 2021 and

March 4, 2022

Media and analyst conference on 2021 financial year

Annual General Meeting 2022

April 21, 2022

Release of Half-year Report 2022 and

Friday, August 5, 2022

Conference call on the half-year results 2022

Sign up for email updates from COLTENE Holding AG at www.coltene.com.

For further information: Gerhard Mahrle, CFO,

phone +41 71 757 54 37, mobile +41 79 346 23 02, e-mailgerhard.mahrle@coltene.com

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About COLTENE

COLTENE is an internationally active developer, manufacturer, and seller of dental consumables and small equipment in the areas of Infection Control, Dental Preservation, and Efficient Treatment. COLTENE has state-of-the-artproduction facilities in the USA, Canada, Germany, France, and Switzerland as well as own distribution organizations in all major markets including Europe, North and Latin America, Japan, China, and India. Dentists and dental labs all around the globe trust COLTENE's high-qualityproducts. The registered shares of COLTENE Holding AG (CLTN) are listed on SIX Swiss Exchange. Learn more about COLTENE and our products at www.coltene.com.

Contact

COLTENE Holding AG

Feldwiesenstrasse 20

9450 Altstätten, Switzerland T + 41 71 757 53 00 investor@coltene.com www.coltene.com

This written statement and oral statements or other statements made, or to be made, by us contain forward-looking statements that do not relate solely to historical or current facts. These forward-looking statements are based on the current plans and expectations of our management and are subject to a number of uncertainties and risks that could significantly affect our current plans and expectations, as well as future results of operations and financial condition. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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Disclaimer

Coltene Holding AG published this content on 04 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 May 2021 05:04:05 UTC.


© Publicnow 2021
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Sales 2021 273 M 296 M 296 M
Net income 2021 34,7 M 37,6 M 37,6 M
Net Debt 2021 18,6 M 20,2 M 20,2 M
P/E ratio 2021 19,9x
Yield 2021 3,02%
Capitalization 690 M 747 M 747 M
EV / Sales 2021 2,59x
EV / Sales 2022 2,48x
Nbr of Employees 1 189
Free-Float 46,4%
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Mean consensus UNDERPERFORM
Number of Analysts 2
Last Close Price 115,40 CHF
Average target price 115,00 CHF
Spread / Average Target -0,35%
EPS Revisions
Managers and Directors
Martin Schaufelberger Chief Executive Officer
Gerhard Mahrle Chief Financial Officer
Nick Huber Chairman
Martin Schlüter Vice President-Innovation, Research & Development
Stefan Helsing Chief Operating Officer
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