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Results 2019

March 04, 2020 - Ad hoc announcement pursuant to Art. 53 LR

Solid results – vigorous investment activity

The Bossard Group once again posted solid results in the 2019 financial year: In a difficult market environment, sales rose by 0.6 percent to a new high of CHF 876.2 million (in local currency: +1.9 percent). The Group generated particularly gains in the European and Asian markets, boosted by the acquisitions made in 2019. Adjusted for acquisitions, sales declined by 3.3 percent (in local currency: -2.1 percent). The more challenging market conditions, along with investments in expanding our engineering and Smart Factory Logistics services, led to a lower annual result. EBIT dropped from CHF 108.8 million to CHF 95.7 million. The EBIT margin was 10.9 percent (previous year: 12.5 percent), which is within the targeted range of 10 percent to 13 percent. Net income amounted to CHF 76.0 million compared to last year’s CHF 85.4 million.

 

Read the full Press Release as PDF

 

Read the Annual Report 2019 online

Annual 2019 as PDF

Summary Report 2019 as PDF