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Financial Report

Gratifying results in a difficult market environment

In financial year 2020, the Bossard Group posted sales of CHF 812.8 million, a decline of 3.3 percent in local currency and 7.2 percent in Swiss francs, respectively. EBIT was CHF 86.4 million (previous year: CHF 95.7 million). The EBIT margin was 10.6 percent, down from last year’s 10.9 percent: Yet, it is still within the long-term targeted range of 10 percent to 13 percent, in spite of an exceedingly difficult year. Group net income was CHF 67.8 million (previous year: CHF 76.0 million).

 

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