News and Press Releases - 2014
October 14, 2014
Sales in 3rd quarter 2014
The Bossard Group continues to maintain its growth track. In the first nine months of fiscal 2014, sales grew by 4.1 percent in local currency (+2.0 percent in Swiss Francs). This positive result was largely due to the demand trend in Europe and Asia. The more challenging market environment in Europe, partly rooted in geopolitical uncertainties, did slow growth in the third quarter.
April 07, 2014
Annual General Meeting Bossard Holding AG
The annual general meeting of Bossard Holding AG approved an adjustment of the capital structure. Accordingly, the shares will be split in a 1:2 ratio. At the same time, the listed bearer shares will be converted to registered shares. Chaired by Dr. Thomas Schmuckli, Chairman of the Board of Directors, the shareholders’ meeting also accepted by a large majority all the other proposals.
April 07, 2014
New record high
The Bossard Group set once more a new sales record in the first quarter of 2014. The growth trend that began in the second half of 2013 continued into the new year. The Group benefited in Europe and Asia from a clear increase in demand. It should be noted, however, that the growth in the first quarter rests also on additional business volume from existing and new customers. For CEO David Dean, the first quarter is “an ideal start to the current financial year.”
March 26, 2014
Bossard expands in Malaysia
The Bossard Group is continuing to expand its presence in South East Asia. Malaysia forms a focal point of investment activity in this region of the world: Bossard has built a new distribution and administrative center, officially opened last week, in this emerging industrial nation.
March 12, 2014
Three-Year Contract with Tesla
The Bossard Group is strengthening its collaboration with the American electric vehicle manufacturer, Tesla. Tesla awarded Bossard with a three-year contract with a total volume of around USD 140 million to provide production fasteners, engineering and logistical services. The importance of this co-operation has prompted Bossard to open a new distribution center near the Tesla factory in Fremont (California).
February 19, 2014
Bossard invests in bigHead®
The Bossard group strategically expands its market position with innovative fastening technologies by taking a 19 percent stake in the British company bigHead®. bigHead® is a market leader in the provision of fastening solutions for lightweight composite materials. Outside of Great Brit-ain, Bossard is bigHead®’s global distribution partner. Both sides have agreed not to disclose the price of this equity stake.
January 14, 2014
Expanded relationships with PennEngineering
The Bossard Group takes a further step towards the consolidation of its market position in Europe: The basis for this is the longtime collaboration with the US company PennEngineering (PEM) which is now being extended to the markets of Italy, Sweden and Denmark.
January 14, 2014
Sales in Q4 and in 2013 overall
Sales reach a new high The Bossard Group set a new sales record in fiscal year 2013. Business was especially good in Europe, where we were able to decisively consolidate our market position thanks to the acquisition of KVT-Fastening. But Bossard also made substantial inroads in Asia. We have been experiencing accelerated demand in this region since Q2 of last year.