Bobst Half-Year Report 2024

Order entries in the first six months of 2024 were as expected 15% below the level reached in 2023. Sales increased slightly and were at CHF 828 million, compared to CHF 815 million in the first half of 2023. The operating result (EBIT) was CHF 35 million, compared to CHF 47 million in 2023. The net result reached CHF 8 million, down from CHF 41 million in the previous year. Sales and results for the first half-year were according to expectations. Net debt was CHF 228 million compared to CHF 218 million at the beginning of the year. Order backlog at the end of June was 35% lower than in previous year and 3% lower than at the end of 2023. 

After a successful drupa exhibition last June, the Group expects a good second half of the year but there are also risks which can negatively impact the full year results. In particular the uncertain geopolitical situation and further slowdown of the industry in some regions.

Highlights

• Sales improved by 2% compared to first semester of 2023.
• Operating result (EBIT) decreased to CHF 34.7 million from CHF 46.8 million in 2023.
• Net result was CHF 7.7 million compared with CHF 41.3 million in 2023.
• Order entries decreased by 15% compared to the previous year.
• Backlog decreased by 3% compared to year end and by 35% compared to the previous year.
• Good second half of the year expected.