Bobst : confirms its full year guidance for 2019 and informs about its intention to issue a debenture bond

For 2019, Bobst Group SA is currently expecting full year sales on a similar level as in the previous year (2018 CHF 1 635 million). The full year operating result (EBIT) margin is expected to be slightly lower than 5%.

For 2020, the Group is currently expecting full year sales to be around 6% lower as in the previous year. The full year operating result (EBIT) margin is expected to be lower than in the previous year due to lower sales and higher marketing costs. Marketing costs are expected to be high due to drupa, the most important exhibition for packaging and printing which takes place every four years in Düsseldorf.

Bobst Group also intends to issue a debenture bond. The proceeds will be used partially to reimburse the CHF 150 million debenture bond maturing on September 30, 2020 and partially to finance investments.

Information meetings for bond investors will take place today January 22, 2020 at 12.15 pm in Zurich (Switzerland) and tomorrow January 23, 2020 at 12.15 pm in Geneva (Switzerland). The translations in French and in German of this release will be available on investors.bobst.com/publications, from 06.00 am.

Bobst Group SA, Mex, Switzerland

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Stefano Bianchi
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E-mail: investors(at)bobst.com

Disclaimer
Forward looking statements are subject to uncertainties and risk. Actual future results may differ materially from those expressed in or implied by the statements. Some of these uncertainties and risks relate to factors that are beyond BOBST's ability to control or estimate precisely, such as, in particular, future market conditions, currency fluctuations, or behavior of other market participants. Readers are cautioned not to put undue reliance on forward looking statements, which speak only of the date of this communication. BOBST disclaims any intention or obligation to update and revise any forward looking statements constantly, whether as a result of new information, future events or otherwise.