Bobst Group reports record high sales and strong financial results in 2022
Bobst Group reached sales of CHF 1.841 billion in 2022, an increase of CHF 278 million, or 17.8%, compared to 2021, with a particularly strong growth (CHF +227 million) for Business Unit Printing & Converting. The operating result (EBIT) was CHF 141 million (CHF 99 million in 2021), while the net result was CHF 115 million (CHF 93 million in 2021)
The improvement came from higher activity and from price increases implemented since 2021.
Business Unit Services & Performance was also impacted by the price increases for materials, parts and transportation but was able to pass on these increases faster, due to much shorter lead times compared to the equipment business