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Results for 2020

三月 03, 2021

Gratifying results after a challenging year

After a challenging 2020 financial year, the Bossard Group posted an impressive year-end result of CHF 812.8 million in sales (previous year: CHF 876.2 million). This represents a 3.3 percent drop in local currency (in CHF: -7.2 percent). EBIT totaled CHF 86.4 million compared to last year’s CHF 95.7 million. The EBIT margin dropped from 10.9 percent to 10.6 percent, which is still within the long-term targeted range of 10 percent to 13 percent. Net income amounted to CHF 67.8 million (previous year: CHF 76.0 million). The financial year, shaped by the COVID-19 pandemic, culminated in a strong fourth quarter. In the last three months of 2020, all market regions exhibited positive growth rates. This development bodes well for 2021.

 

Read the complete Press Release as PDF

Read the Annual Report 2020 online

Annual Report 2020 as PDF