Bobst Group confirms its full year outlook presented on 26 July 2021. Order intake in the last months was still on a good level, but, as expected, below the exceptionally high level recorded in the first half of 2021.
The Group expects full year sales of CHF 1.5 to 1.6 billion and an operating result (EBIT) margin of 5 to 6%. This is before a positive one-time operating result (EBIT) impact of around CHF 15 million from the sale of real-estate property in France, concluded in September 2021. The long-term financial targets of at least 8% operating result (EBIT) and a minimum 20% return on capital employed (ROCE) are confirmed.
Bobst Group SA, Mex, Switzerland
Press release
Presentation
Forthcoming releases
Today's information meeting
A conference for financial analysts and the media will take place today, 9 November 2021, at 10.30 am in Zurich (Switzerland). The presentation along with the translations in French and in German of this release will be available on the Group's website https://investors.bobst.com/publications from 06.00 am.
Inquiries
Media and Investor Relations
Stefano Bianchi
Tel. +41 21 621 27 57
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.
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Bobst Group SA published this content on 09 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 04:42:04 UTC.