Bobst buoyant on first half results

Bobst has reported its sales figures for the first half of this year, which show sales of CHF 643.2 million up by 7 percent over the first half of 2016.

This Bobst M6 flexo press was shown at Drupa 2016

The operating result (according to Earnings before Interest and Taxes) rose by CHF 21.8m to CHF 39.8m, mainly due to higher sales and better use of industrial capacity. The net result went up from CHF 9.7m to CHF 27.7m. Bobst has said that it was helped by volume and price variances as well as the acquisition of the German company Boxplan.

The most dramatic improvement was to the web-fed sector, with sales up 18.7 percent to CHF 119.5 but this is partly due to slow sales in the first half of 2016. Sales were static in the mature markets and relatively low in the emerging countries, with the market for flexible materials in general remaining similar to last year.

The sheetfed segment saw bookings up by 30 percent and sales up by 5 percent for the first half of the year over the first half of 2016, with success in both corrugated board and folding carton products and strong demand continuing in both established and emerging markets.

Bobst has also seen some growth in its business services, covering items such as service contracts, mainly in its established markets with 10 percent growth in Europe and North America but a stagnant market in Asia.

Overall, Bobst is predicting a busy second half with slightly higher full year figures, assuming no major changes in currency values.



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