Brief: Bystronic Says FY Net Result Stood At CHF 36.6 Mln (2021: CHF 56.8 Mln)

Bystronic AG

02/03/2023 05:36

March 2 (Reuters) - Bystronic Ag  BYS.S :
    * : FULL-YEAR RESULTS 2022
    * HIGHER OPERATING RESULT EXPECTED FOR 2023
    * FY ORDER INTAKE CHF 1,009.5 MILLION (-10.2% AT CONSTANT
EXCHANGE
RATES)
    * FY 2022 HIGH ORDER BACKLOG IN EXCESS OF CHF 400 MILLION
    * FY SALES GREW BY 8.1% (13.0% AT CONSTANT EXCHANGE RATES)
TO CHF
1,015.9 MILLION
    * FY NET RESULT STOOD AT CHF 36.6 MILLION (2021: CHF 56.8
MILLION)
    * FULL YEAR OPERATING RESULT (EBIT) WAS CHF 48.1 MILLION
(EBIT
MARGIN: 4.7%)
    * FOR 2023, BYSTRONIC EXPECTS ECONOMIC SLOWDOWN TO LEAD TO A
DECLINE IN ORDER INTAKE IN MACHINE BUSINESS
    * IN MEDIUM TERM, CONTINUES TO AIM FOR ANNUAL ORGANIC SALES
GROWTH
OVER 5%, EBIT MARGIN OVER 12%, AND A RONOA OVER 25%
    * FOR 2023 FINANCIAL YEAR, BYSTRONIC EXPECTS A HIGHER
OPERATING
RESULT COUPLED WITH A SLIGHT DECLINE IN SALES

Source text for Eikon:  ID:nEQ7Nyj6fa 
Further company coverage:  BYS.S 

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