Metall Zug AG reported earnings results for the year 2012. For the period, the company reported gross sales of CHF 856.4 million against 2011of CHF 864.2 million. The operating profit (EBIT) was CHF 66.6 million was in line with expectations. Net income amounted to CHF 61.5 million against 2011 of CHF 63.4 million.

The company announced that after five successful years in office, Jürgen Dormann (73), chairman of the board of directors, will not be standing for re-election at the general meeting of shareholders on May 3, 2013.