Semi-Annual Report 2021August 24, 2021 - Ad hoc announcement pursuant to Art. 53 LR
Strong growth dynamic and new records
A broad-based economic upturn on a global scale dominated the first half of 2021. Bossard reached new records in sales as well as EBIT and net income, thus returning to a growth course. Sales in the first half of 2021 grew by 23.9 percent to CHF 494.8 million (previous year: CHF 399.4 million). All three market regions contributed to this significant growth with double-digit growth rates. EBIT increased by 63.6 percent to CHF 67.2 million, with the EBIT margin reaching a high 13.6 percent. Therefore, sales and the mid-year result are not only significantly above prior year, but also 9.7 percent and 26.9 percent respectively above 2019 levels. Ongoing growth initiatives also boost the structural growth of the Group.