Packaging

Bobst Group increases its turnover by 7.1% due to positive contribution of all three Business Units and all regions of the world

Thursday 13. February 2014 - For the full year 2013, consolidated sales increased by CHF 90 million to CHF 1.354 billion. Sales in the second half of 2013 reached CHF 791 million compared with CHF 563 million in the first six months of the year, and to CHF 731 million in the second semester 2012.

All three Business Units and all geographical regions of the world had a positive contribution to the sales growth. The consolidated net profit should be clearly higher than announced on December 4, 2013.
Sales
Consolidated sales for full-year 2013 amounted to CHF 1.354 billion, an increase of CHF 90 million or +7.1% compared to 2012.
The following changes lie behind the sales evolution:
  In million CHFIn %Increase in volume+92+7.3Exchange rate variance *-2-0.2Increase in sales+90+7.1* Exchange rate impact due to conversion for consolidation only.

Sales in the second half of 2013 reached CHF 791 million compared with CHF 563 million in the first six months of the year and to CHF 731 million in the second semester 2012.
Sales of Sheet-fed products increased by 7.6% compared to the previous year. Products for the folding carton industry as well as products for the corrugated equipment industry contributed to this improvement leading to a turnover of CHF 639 million for the year. Sales of Web-fed products increased by 8.7% and achieved CHF 336 million for the year 2013. This excellent result is very close to the all-time-high achieved in 2008, although exchange rates were more favorable in 2008. Sales of Services and spare parts increased by 5.9% to now CHF 377 million, demonstrating the successful implementation of the Group’s service strategy.
Sales
In million CHF20132012VarianceSheet-fed63947.2%59447.0%+7.6%Web-fed33624.8%30924.4%+8.7%Services37727.8%35628.2%+5.9%Other20.2%50.4%-60.0%Total1’354100.0%1’264100.0%+7.1%The geographical distribution shows a general increase in all zones, mainly in the Americas.
Sales
In million CHF20132012VarianceEurope59043.6%57045.1%+3.5%Americas39329.0%33726.7%+16.6%Asia & Oceania33024.4%31925.2%+3.5%Africa413.0%383.0%+7.9%Total1’354100.0%1’264100.0%+7.1%
Outlook 2014
Due to very good sales in the second half of 2013, the Group started 2014 with a slightly lower backlog of orders than the year before. Nevertheless, the Group anticipates a good utilization of production capacities for the first months of the year. At the present level of order intake, the Group confirms that it should reach sales of CHF 1.250 to 1.335 billion in 2014 as indicated on December 4, 2013. Further details and updates will be given at our results announcement on March 27, 2014.