• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Labels & Packaging
    • Markets
    • Technology
    • Equipment
    • Supplies
    • Buyers' Guide
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Exclusives
  • Labels & Packaging
  • Markets
  • Technology
  • Equipment
  • Supplies
  • Buyers' Guide
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Editorial
    Columns
    Digital Edition
    eNewsletter Archive
    Our Team
    Subscribe Now
    Advertise Now
    Top Features
    Controlling Static

    Spirits Labels

    Digital Finishing

    Metallic Effects Labels

    Narrow Web Profile: WS Packaging Group
    Breaking News
    Converter News
    European Label News
    Industry News
    Industry People
    M&A News
    New Products
    Expert's Opinion
    Live From Shows
    Top News
    Schreiner MediPharm develops smart label for Ypsomed

    ID Label celebrates 25 years

    Printeos Group goes digital with Durst Tau 330 RSC

    Technicote names new national sales director

    drupa 2020 to address packaging trends
    Beauty & Personal Care Labels
    Beer Labels
    Beverage Labels
    Flexible Packaging
    Folding Carton
    Food Labels
    Glue-Applied
    In-Mold
    Industrial Labels
    Medical Labels
    Pharmaceutical Labels
    Pressure Sensitive
    Prime Labels
    Promotional Labels
    Security Labels
    Shrink
    Smart Labels
    Specialty Labels
    Spirits Labels
    Wine Labels

    Schreiner MediPharm develops smart label for Ypsomed

    The e-commerce impact on warehouse and barcode labeling

    Schreiner ProTech launches enhanced anticounterfeiting label technology

    Lecta launches new Creaset HG HWS paper

    PragmatIC launches ConnectIC family
    Africa
    Asia
    Australia
    China
    Europe
    India
    Latin America
    Middle East
    North America

    Schreiner MediPharm develops smart label for Ypsomed

    Printeos Group goes digital with Durst Tau 330 RSC

    Technicote names new national sales director

    drupa 2020 to address packaging trends

    Yazoo Mills donates to local school's manufacturing program
    Flexography
    Digital Printing
    Prepress
    Finishing
    Sustainability

    The e-commerce impact on warehouse and barcode labeling

    Printeos Group goes digital with Durst Tau 330 RSC

    drupa 2020 to address packaging trends

    Yazoo Mills donates to local school's manufacturing program

    Hart Labels invests in Dantex PicoColour
    Digital Printers & Presses
    Flexo Presses
    Label Converting Equipment
    Label Finishing Equipment
    Prepress Equipment

    Printeos Group goes digital with Durst Tau 330 RSC

    Hart Labels invests in Dantex PicoColour

    Phoseon reflects on a year of new UV LED technology offerings

    iTek Packz opts for second Edale flexo press

    Colordyne introduces entry-level 1800 Series C
    Dies And Tooling
    Flexo Supplies
    Ink & Coatings
    Prepress Supplies
    Pressrooom Supplies
    Substrates

    Yazoo Mills donates to local school's manufacturing program

    GSE website providing ink management guides in Spanish

    Michelman showcases durable label technology at HP Indigo Global VIP Event

    Lecta launches new Creaset HG HWS paper

    UPM Raflatac opens new slitting and distribution terminal in South Africa
    All Companies
    Categories
    Company Profiles
    Label Converters
    Trade Associations
    Add New Company
    International Buyers Guide Companies
    MPS North America

    RotoMetrics

    SPGPrints America, Inc

    Elkem Silicones USA Corp.

    Xeikon
    Industry Events
    Webinars
    Live from Show Events
    • Magazine
      • Current & Past Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Buyers' Guide
      • All Companies
      • Categories
      • Company Profiles
      • Label Converters
      • Trade Associations
      • Add Your Company
    • Labels & Packaging
      • Beauty & Personal Care Labels
      • Beer Labels
      • Beverage Labels
      • Flexible Packaging
      • Folding Carton
      • Food Labels
      • Glue-Applied
      • In-Mold
      • Industrial Labels
      • Medical Labels
      • Pharmaceuticals Labels
      • Pressure Sensitive
      • Prime Labels
      • Promotional Labels
      • Security Labels
      • Shrink
      • Smart Labels
      • Speciality Labels
      • Spirits Labels
      • Wine Tables
    • Markets
      • Africa
      • Asia
      • Australia
      • China
      • Europe
      • India
      • Latin America
      • Middle East
      • North America
    • Equipment
      • Digital Printers & Presses
      • Flexo Presses
      • Label Converting Equipment
      • Label Fishing Equipment
    • Supplies
      • Dies And Tooling
      • Flexo Supplies
      • Ink & Coatings
      • Prepress Supplies
      • Pressrooom Supplies
      • Substrates
    • Online Exclusives
    • Slideshows
    • Experts Opinions
    • Videos
    • Podcasts
    • Infographics
    • Whitepapers
    • Events
      • Industry Events
      • Live from Show Events
      • Webinars
    • Jobs
    • Resources
      • Supplier Gallery
      • Literature Showcase
      • Homepage Showcase
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Bobst reports strong 2016 results

    Bobst's sales were up 9% and the net result was up 26%.

    Related CONTENT
    • APR installs Bobst M5 'Digital Flexo' press at Illinois tech center
    • Edale announces retirement of Bernhard Grob
    • Report: Laminated labels present lucrative growth opportunity
    • Bobst hosts REVO Master Class in Italy
    • Bobst's REVO Master Class and Open House
    03.06.17
    Bobst, a Swiss-based worldwide leading supplier of equipment and services to the packaging and label industries, has achieved consolidated sales of CHF 1.447 billion in 2016, an increase of CHF 116 million, or +8.7%, compared to 2015. The operating result (EBIT) was CHF 103.7 million (CHF 83.9 million in 2015), while the net result was CHF 84.3 million (CHF 67.1 million in 2015). Cash increased by CHF 46.3 million contributing to a net cash position of CHF 51.3 million compared to net debt of CHF 1.7 million in 2015. The return on capital employed (ROCE) increased to 19.9% compared to 16.0% in 2015 and the shareholders' equity ratio increased to 33.9% from 31.1% in the previous year.

    The Board of Directors is proposing to the Annual General Meeting of Shareholders the payment of a dividend of CHF 1.70 per share (CHF 1.25 in 2015).

    Bobst started 2016 with a slightly higher backlog of orders than the year before. Order entries during 2016 have been higher than in the previous year for the Business Unit Web-fed, while entries for the Business Unit Sheet-fed ended 2016 somewhat lower. Globally, order entries were at same level as last year. As the company had expected and communicated, Asia improved significantly, while Central and North America improved once again on the previous year. Not surprisingly, Europe experienced a slowdown and activity remained low in South America. The Group finished the reporting year with a slightly lower backlog than in 2015.

    For the full year 2016, consolidated sales increased by CHF 116 million, or 8.7%, to CHF 1.447 billion. Adjusted for currency effects and acquisitions, organic sales were up 6.7% in 2016. Nuova Gidue Srl, which was acquired in 2015, and the new subsidiary opened in Turkey at the beginning of 2016 contributed CHF 16.1 million to the sales increase. Exchange rate variances increased sales by CHF 10.8 million.

    The operating result (EBIT) was CHF 103.7 million, or 7.2%, of sales compared to CHF 83.9 million, or 6.3%, of sales in 2015. The increase in operating result (EBIT) was due to higher sales, which led to a good utilization of Bobst's industrial capacities, as well as to improvement measures to continuously increase the company's competitiveness.

    Change is all around and 2017 will be another "unpredictable year." The way that countries are run under new political leaderships may influence global trade and change its dynamics. Although the markets will remain unpredictable, there will still be plenty of opportunities.

    At the forthcoming Annual General Meeting of Shareholders on April 6, 2017, the mandates of all members of the Board of Directors will come to an end. Alain Guttmann, Thierry de Kalbermatten, Jürgen Brandt, Gian-Luca Bona and Philip Mosimann will be proposed for re-election for a new period of one year. Ulf Berg will not be standing for re-election, as he has decided after 11 years as a director of the company not to enroll for another year.
    Related Searches
    • europe
    • web
    • sheet-fed
    • packaging
    Suggested For You
    Heidelberg USA Heidelberg USA
    FTA Annual Forum takes deep dive into inks and coatings FTA Annual Forum takes deep dive into inks and coatings
    Infigo Software to collaborate with HP Indigo at Interpack Infigo Software to collaborate with HP Indigo at Interpack
    Arconvert introduces Manter Immaculate Papers to North America Arconvert introduces Manter Immaculate Papers to North America
    Bobst to host Technology Forum and Open House in Italy Bobst to host Technology Forum and Open House in Italy
    AWA Sleeve Label Conference gets ‘Technical’ in presentations AWA Sleeve Label Conference gets ‘Technical’ in presentations
    PMMI names Jim Pittas next president and CEO PMMI names Jim Pittas next president and CEO
    APR’s March Madness event receives positive feedback APR’s March Madness event receives positive feedback
    Avery Dennison names Gregory Lovins vice president and interim CFO Avery Dennison names Gregory Lovins vice president and interim CFO
    No-me appointed agent for Rotocontrol in Scandinavia No-me appointed agent for Rotocontrol in Scandinavia
    Bobst North America appoints Murry Pitts Bobst North America appoints Murry Pitts
    Spain Spain's Etygraf installs Bobst M4L press with GEW LED UV curing system
    'Bobst and Partners Roadshow' takes place in Taiwan
    Bobst Bobst's REVO Master Class and Open House
    Bobst hosts REVO Master Class in Italy Bobst hosts REVO Master Class in Italy

    Related Breaking News

    • North America | Pharmaceutical Labels | Smart Labels
      Schreiner MediPharm develops smart label for Ypsomed

      Schreiner MediPharm develops smart label for Ypsomed

      Stored information about the medication is transmitted to its electronic add-on – the novel SmartPilot.
      02.15.19

    • ID Label celebrates 25 years

      ID Label celebrates 25 years

      “We’ve always reinvested in the company,” says ID president and CEO Neil Johnston.
      02.15.19

    • Digital Printers & Presses | Digital Printing | Europe
      Printeos Group goes digital with Durst Tau 330 RSC

      Printeos Group goes digital with Durst Tau 330 RSC

      Digital printing will play a key role in Printeos Group's medium and long-term strategy for the label market.
      02.15.19


    • North America
      Technicote names new national sales director

      Technicote names new national sales director

      Patrick Goss will be responsible for leading the company’s North American field sales organization while also becoming part of the executive team.
      02.15.19

    • Digital Printers & Presses | Digital Printing | Food Labels | In-Mold | Pressure Sensitive | Prime Labels

      Xeikon Café Europe reveals Academy program

      The educational forum offers expert insights on all aspects of digital production and a wide variety end-use applications.
      02.14.19

    • ICE USA unveils conference program

      The event takes place April 9-11 at the Kentucky International Convention Center (KICC) in downtown Louisville.
      02.14.19


    • Digital Printing

      Digital print for packaging market to reach $52 billion by 2027

      Adoption of digital printing in packaging is growing on account of its convenience over conventional presses, a new FMI report says.
      02.13.19

    • Digital Printing | Europe
      drupa 2020 to address packaging trends

      drupa 2020 to address packaging trends

      Customization and personalization, digitalization, security and authentication are several key topics that will also be highlighted at the event.
      02.13.19

    • The Phoenix Challenge Foundation teams with TLMI

      The two organizations are joining forces to support workforce development in the label and package printing industry.
      02.13.19


    • Sustainability

      SGP to hold "Saving Dollars in 2019" webinar

      The authority on sustainable printing certifications has partnered with several associations including TLMI and FTA.
      02.13.19

    • Flexo Supplies | Flexography | North America
      Yazoo Mills donates to local school

      Yazoo Mills donates to local school's manufacturing program

      The new Colonial Manufacturing Program will be the pipeline for potential employees to join Yazoo’s workforce.
      02.13.19

    • North America
      PCMC launches Mobile Link

      PCMC launches Mobile Link

      The handheld tablet solution offers user-friendly access to interactive training materials and technical documentation.
      02.13.19

    • North America
      Sridhar Sadasivan joins FLEXcon North America

      Sridhar Sadasivan joins FLEXcon North America

      As vice president of R&D, he will identify emerging opportunities for new and existing technologies.
      02.13.19

    • Digital Printers & Presses | Digital Printing

      Agenda announced for Digital Printing Think Tank III

      L&NW editor Steve Katz will be a part of the Editors Panel at the Feb. 21 event in New York City.
      02.13.19

    • Ink and Coatings
      GSE website providing ink management guides in Spanish

      GSE website providing ink management guides in Spanish

      The website provides a variety of resources to help printers operate Lean and smart workflows, and eliminate waste from internal processes.
      02.13.19


    Breaking News
    • Schreiner MediPharm develops smart label for Ypsomed
    • ID Label celebrates 25 years
    • Printeos Group goes digital with Durst Tau 330 RSC
    • Technicote names new national sales director
    • Xeikon Café Europe reveals Academy program
    View Breaking News >
    CURRENT ISSUE

    January/February 2019

    • Controlling Static
    • Spirits Labels
    • Digital Finishing
    • Metallic Effects Labels
    • Narrow Web Profile: Investing in the future at WS Packaging Group
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • privacy policy
    • term and condition
    • about us
    • contact us

    follow us

    Subscribe

    magazines

    Image
    Image
    Image
    Image
    Image
    Image
    Image
    Image
    Image
    Image
    Image

    Copyright © 2019 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login