Bobst Group meets turnover expectations with strong sales in second half year 2012. Good sales increase in Asia & Oceania Dienstag, 12. Februar 2013 - 07:32
Bobst Group meets turnover expectations with strong sales in second half year 2012. Good sales increase in Asia & Oceania
For the full year 2012, consolidated sales achieved nearly the same level as in 2011 and came to CHF 1.26 billion. Sales in the second half of 2012 reached CHF 731 million compared with CHF 533 million for the first half of 2012. The geographical breakdown shows that the Group has accelerated its growth in the Asia & Oceania region now representing 25.2% of total sales (2011: 20.9%). Europe suffered mainly due to the sovereign debt crisis and contributed 45.1% (2011: 47.3%) to total sales whereas the Americas decreased to 26.7% of total sales (2011: 28.3%). 2013 started with an improved backlog of orders compared to the beginning of 2012 and the Group strategy continues to be implemented successfully. As already announced on December 5, 2012, the consolidated net profit will be close to previous year. Further details will be given at our results announcement on March 20, 2013.
Sales Consolidated sales for full-year 2012 amounted to CHF 1.26 billion, a decrease of CHF 6 million or -0.5% compared to 2011.
The following changes lie behind the sales evolution:
| In million CHF | In % | |
| Decrease in volume | -16 | -1.3 |
| Exchange rate variance * | +10 | +0.8 |
| Decrease in sales | -6 | -0.5 |
* Exchange rate impact due to conversion for consolidation only
Sales of Sheet-fed products declined by 2.4% compared to the previous year mainly due to lower activity in folding carton sector while corrugated was very strong during the full year. Sales of Web-fed products remained at good level as in 2011. Lower sales in Europe and the Americas have been compensated by an increase of sales in Asia. Sales of Services and spare parts increased by more than 13% for the second half of 2012, which represents an increase for the full year of 3.2% compared to the previous year; this good result is reflecting our improved competitiveness.
| Sales In million CHF | 2012 | 2011 | Variance | ||
| Sheet-fed | 594 | 47.0% | 609 | 47.9% | -2.4% |
| Web-fed | 309 | 24.4% | 310 | 24.4% | -0.5% |
| Services | 356 | 28.2% | 345 | 27.2% | +3.2% |
| Other | 5 | 0.4% | 6 | 0.5% | -23.8% |
| Total | 1'264 | 100.0% | 1'270 | 100.0% | -0.5% |
Outlook 2013 2013 started with an improved backlog of orders compared to the beginning of 2012. This allows the Group to anticipate a good utilization of production capacities for the first months of the year. At the present level of order intake and exchange rates, the Group should reach sales of CHF 1.20 to 1.26 billion in 2013. The measures launched to accelerate the Group transformation process are progressing as planned. Further details will be given at our results announcement on March 20, 2013. Bobst Group SA, Lausanne
Today’s teleconference A teleconference for financial analysts and the media will take place today, 12 February 2013, at 15.30 CET. The taped recording will be available shortly after the teleconference until close of business on Wednesday, 13 February 2013. The telephone number to access this service is:
- International number: +44 (0) 20 8196 1998 followed by the access code: 9673728#
From Wednesday, 13 February 2013 onwards, the recording will be available on our website http://investors.bobstgroup.com
Inquiries Media and Investor Relations Joseph Santoro Tel. +41 21 621 25 60 E-mail: investors(at)bobst.com