Bobst Group announces good financial year for 2024

Bobst Group reached sales of CHF 1.891 bn in 2024, a decrease of CHF 69m, or -3.5%, compared to 2023. The operating result (EBIT) was CHF 156m (CHF 147m in 2023), while the net result was CHF 96m (CHF 119m in 2023).

Bobst Group reports lower order entries than in 2023 and strong sales for the full year 2024. The year-end backlog for both machines and services is therefore lower than at the end of 2023.

The Group is anticipating a less favourable year 2025 due to a lower backlog and low bookings at least in the first half of 2025. This is mainly due to the uncertainty caused by the overall economic situation in several markets and the numerous geopolitical tensions which might have a negative impact on the Group’s results. For the full year 2025 the Group is currently expecting sales and operating result (EBIT) to be lower than the levels reached in 2024.

The Group started 2024 with a 30% lower machine backlog than the year before. Order entries for the machine business were, as expected, lower than previous year in most of the months. December 2024 was strong but could not compensate the orders missing throughout the year. This has led to an overall decrease in total orders of 6% compared to the value achieved in previous year. Orders for the Business Unit Printing & Converting were 13% below the previous year with different trends by industry. Orders for the Business Unit Services & Performance increased by 4% compared to 2023. The backlog for Business Unit Printing & Converting is around 35% lower than at the end of 2023 and back at pre-Covid levels.

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