Bobst updates full year guidance for 2023

Bobst Group has updated its full year guidance for 2023 and informs about its intention to issue a debenture bond. 

For 2023, Bobst Group is currently expecting full year sales to be higher than the level reached in 2022 (2022 CHF 1 841 million / 2144.3m USD). The full year operating result (EBIT) margin will be slightly lower than in 2022 (7.7 percent). 

For 2024, the group expects sales and operating result (EBIT) to be lower than the values reached in 2022.  

Bobst Group also intends to issue a debenture bond. The proceeds will be used to reimburse the CHF 135 million (157.2m USD) debenture bond maturing on September 27, 2024, and for general corporate purposes.   

Information call for bond investors will take place today January 16, 2024, at 11 am.