Brief: Bachem Proposes To Raise Dividend To CHF 0.75 Per Share

BACHEM HOLDING AG

07/03/2023 05:47

March 7 (Reuters) - Bachem Holding AG  BANB.S :
    * PROPOSES AN INCREASE OF THE DIVIDEND BY CHF 0.05 TO CHF
0.75 PER
SHARE
    * EXPECTS SALES GROWTH IN 2023 TO BE SIGNIFICANTLY HIGHER
THAN IN
THE PREVIOUS YEAR
    * EBITDA MARGIN IS EXPECTED TO REMAIN STABLE AT AROUND 30%
IN 2023
COMPARED TO PREVIOUS YEAR
    * COMMISSIONING OF THE NEW LARGE-SCALE PEPTIDE AND
OLIGONUCLEOTIDE
PRODUCTION PLANT IN BUBENDORF IS PLANNED FOR 2024
    * BY THE END OF THE DECADE, A FURTHER PRODUCTION SITE IS TO
BE
BUILT AT THE NEW SITE IN EIKEN, SWITZERLAND

Further company coverage:  BANB.S 

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