Slightly lower operating result expected for Bobst Group
Bobst has confirmed that for the full year 2018, sales increased to CHF 1.63 billion compared to CHF 1.53 billion in 2017. The operating result (EBIT) is expected to be around CHF 85 million which is slightly lower than the target foreseen in November 2018 (higher than CHF 90 million), taking into account some additional transformation measures in the Business Unit Web-fed. The net result for the business year 2018 is expected to decrease more than the operating result (EBIT) compared to previous year, in particular due to the one-time favorable tax impact of CHF 15 million recognized in the business year 2017 and due to losses, on which no deferred tax assets are recognized in 2018.
The company will publish its annual financial statements on 27 February 2019.