Brief: Bachem Holding H1 Sales Up At 239.9 Mln

BACHEM HOLDING AG

27/07/2023 05:53

July 27 (Reuters) - BACHEM HOLDING AG  BANB.S :
    * H1 GROUP SALES AMOUNT TO CHF 239.9 MILLION (+2.1% COMPARED
TO
THE SAME PERIOD OF THE PREVIOUS YEAR, +5.3% IN LOCAL CURRENCIES)
    * H1  EBITDA AT CHF 52.5 MILLION (-22.0% COMPARED TO
PRIOR-YEAR
PERIOD) WITH A MARGIN OF 21.9%
    * H1  HEADCOUNT INCREASES TO 1 926 FULL-TIME EQUIVALENTS
WORLDWIDE
(+150 SINCE DECEMBER 31, 2022)
    * OUTLOOK 2023:  EXPECTS GROUP SALES TO GROW IN THE HIGH
SINGLE-DIGIT PERCENTAGE RANGE AND AN EBITDA MARGIN AROUND 30%
    * BUILDING “K” IN BUBENDORF WILL SIGNIFICANTLY EXPAND
BACHEM’S
PRODUCTION CAPACITY FROM START OF OPERATIONS IN COURSE OF 2024
AND WILL BE FURTHER EXPANDED BY 2026
    * BY 2026, COMPANY AIMS FOR ANNUAL SALES OF MORE THAN ONE
BILLION
SWISS FRANCS AND AN EBITDA MARGIN OF OVER 30%

Further company coverage:  BANB.S 

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