Strong Sales But Lower Results Than in 2017
Bobst Group achieved strong growth in 2018. The Group achieved sales of CHF 1.635 billion, an increase of CHF 106 million (+6.9% compared to 2017). However, the Business Unit Web-fed transformation, the large investments in digitalisation and the China strategy for growth reduced the Group results in 2018. The operating result (EBIT) was CHF 87 million (CHF 119 million in 2017), while the net result was CHF 50 million (CHF 107 million in 2017). The return on capital employed (ROCE) decreased to 14.2% compared to 23.2% in 2017 and the shareholders’ equity ratio decreased to 33.4% from 35.6% in the previous year.