02282020Fri
Last updateFri, 28 Feb 2020 1am
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Bobst Group confirms its full year guidance for 2019 and informs about its intention to issue a debenture bond

For 2019, Bobst Group SA is currently expecting full year sales on a similar level as in the previous year (2018 CHF 1 635 million). The full year operating result (EBIT) margin is expected to be slightly lower than 5%.

For 2020, the Group is currently expecting full year sales to be around 6% lower as in the previous year. The full year operating result (EBIT) margin is expected to be lower than in the previous year due to lower sales and higher marketing costs. Marketing costs are expected to be high due to drupa, the most important exhibition for packaging and printing which takes place every four years in Düsseldorf.
Bobst Group also intends to issue a debenture bond. The proceeds will be used partially to reimburse the CHF 150 million debenture bond maturing on September 30, 2020 and partially to finance investments.
www.bobst.com

 

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