Bobst Group‘s 2021 full year figures confirm the positive market trend started in Q4 2020 and the order entries were at an all-time high, nearly 40% higher than in 2020. Strong financial results were achieved for the full year.
- Sales increased to CHF 1.563 bn from CHF 1.372 bn in 2020.
- Operating result (EBIT) at CHF 99 m (CHF 44 m in 2020).
- Net result at CHF 93 m (CHF 17 m in 2020).
The return on capital employed (ROCE) reached its long term target and increased to 22.0% compared to 8.3% in 2020. The equity ratio decreased to 32.3% from 33.2% in the previous year due to an increase of total balance sheet.
After such good financial recovery, effective management of the pandemic and considering the absence of a dividend in 2021, the Board of Directors recommends to the Annual General Meeting of Shareholders to pay a regular dividend of CHF 2 per share plus an extraordinary dividend of CHF 6 per share in 2022.
The year end backlog for machines is 80% higher than at the end of 2020. In 2022, the Group is currently expecting sales to be in range of CHF 1.7 bn to 1.8 bn and operating result (EBIT) margin to be in a range of 7% to 8%.
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