02.13.15
For the full year 2014, Bobst's consolidated sales decreased by CHF 54 million to CHF 1.3 billion ($1.3 billion). Sales in the second half of 2014 reached CHF 740 million compared with CHF 560 million in the first six months of the year, and to CHF 791 million in the second semester 2013. The consolidated net profit will be higher than announced on Dec. 3, 2014.
The Group lowers its turnover guidance for the year 2015 from CHF 1.25 to CHF 1.33 billion to a new range of CHF 1.15 to CHF 1.23 billion due to the decision of the Swiss National Bank to discontinue the minimum exchange rate of CHF 1.20 per euro and taking into consideration the current exchange rate of CHF 1.05 per euro. Net profit 2015 should be higher than CHF 15 million.
Consolidated sales for full-year 2014 amounted to CHF 1.3 billion, a decrease of CHF 54 million or -4.0% compared to 2013.
Sales of sheetfed products remained stable compared to the previous year at CHF 639 million. Demand for products for the corrugated packaging industry was strong and compensated for weaker demand behind products for the folding carton industry.
Sales of web-fed products decreased by 15.8% and achieved CHF 283 million for the year 2014. The reduction is mainly due to lower demand for special machines and complex lines. Sales of Services and spare parts remained stable compared to the previous year at CHF 377 million.
Due to good bookings in the last months of 2014, the Group started 2015 with a slightly higher backlog of orders than the year before. The Group therefore anticipates a good utilization of production capacities for at least the first half of the year.
The Group lowers its turnover guidance for the year 2015 from CHF 1.25 to CHF 1.33 billion to a new range of CHF 1.15 to CHF 1.23 billion due to the decision of the Swiss National Bank to discontinue the minimum exchange rate of CHF 1.20 per euro and taking into consideration the current exchange rate of CHF 1.05 per euro. Net profit 2015 should be higher than CHF 15 million.
Consolidated sales for full-year 2014 amounted to CHF 1.3 billion, a decrease of CHF 54 million or -4.0% compared to 2013.
Sales of sheetfed products remained stable compared to the previous year at CHF 639 million. Demand for products for the corrugated packaging industry was strong and compensated for weaker demand behind products for the folding carton industry.
Sales of web-fed products decreased by 15.8% and achieved CHF 283 million for the year 2014. The reduction is mainly due to lower demand for special machines and complex lines. Sales of Services and spare parts remained stable compared to the previous year at CHF 377 million.
Due to good bookings in the last months of 2014, the Group started 2015 with a slightly higher backlog of orders than the year before. The Group therefore anticipates a good utilization of production capacities for at least the first half of the year.