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 ASSET MANAGER • NO. 11/2019 PORTFOLIO • 13
   VETROPACK
Bülach, founded in 1911
Vetropack Holding AG with headquarters in Bülach and legal domicile in Saint-Prex is an international Swiss manufacturer of packaging glass. Vetropack is one of the leading manufacturers of glass packaging in Europe and supplies the beverage and food industry with glass packaging for the highest demands. Sales increased by 9.4 % to CHF 690.7 million in 2018, while EBIT in- creased by 22.3 % to CHF 78.4 million.
ISIN CH0006227612
         FLUGHAFEN ZÜRICH AG
(formerly Unique) Kloten, founded in 2001
Flughafen Zürich AG is the airport's opera- tor and is responsible for the management as well as the further development of the real estate and infrastructure at its location in Zurich. It also participates in foreign air- ports. Sales increased by 11.2% to CHF 1152.9 million in 2018. Net income fell by CHF 47.7 million to CHF 237.8 million due to special items. While the sale of the in- vestment in Bangalore in particular had a positive effect in the previous year, addition- al provisions for noise reduction measures have had a negative impact in the 2018 financial year. Adjusted for these special effects, earnings rose by 13.3%.
ISIN CH0319416936
   The Zurich Airport Region and the publicly traded companies based there

























































































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