Results for 2013March 06, 2014
The Bossard Group had a record-breaking year in FY2013 as the acquisition of KVT-Fastening propelled results to historic highs.
Profits rose by 28.7 percent to CHF 56.0 million, with operating profits (EBIT) up 44.3 percent to CHF 69.8 million. The improved performance of the Group is also evident in its profitability: The EBIT margin rose from 10.3 percent to 11.8 percent, which is a record high for the Group.
"Following the acquisition of KVT-Fastening, Bossard is in good, solid shape: We took another major step in our growth, further increased profitability and significantly improved our balance sheet ratios," says CEO David Dean about the Group’s performance in FY2013.