High demand continues – considerable increase in sales and profit expected in the first half of 2021June 11, 2021 - Ad hoc announcement
The Bossard Group already posted a notable increase in sales in the first quarter of 2021 compared to the prior year period (+11.8 percent), and the high demand continues. The Group therefore expects a considerable increase in sales and profit in the first half of 2021.
The positive sales trend from the first quarter of 2021 continued in the second quarter of 2021 in all three market regions. For the first half-year 2021, the Group expects sales to increase by more than 20 percent compared to the prior year period. This means that sales and profit will not only be materially above last year’s COVID-19-influenced first half, but also above the first half-year 2019.
Due to the ongoing COVID-19 pandemic, the outlook for the full financial year remains subject to uncertainties and risks. The situation on the supply market is likely to remain tense in the second half of the year, so that further price increases and longer delivery times are to be expected.
The first results for the first half of 2021 will be released on July 14, 2021. The semi-annual report for 2021 will be published on August 24, 2021 as part of ordinary reporting.