Bobst Group SA expects to increase its net profit 2017 more than the operating result (EBIT) due to changes in tax laws in Canton Vaud and the US

The operational targets for the financial year 2017 which were announced on 9 November 2017 are confirmed in principle. The sales increase compared to the CHF 1.447 billion achieved in 2016 will be within the range (plus 4 to 6%) published last November. The operating result (EBIT) margin should be close to the minimum mid- to long-term target of 8% of sales, compared to 7.2% in 2016.
The net result is now expected to increase more than the operating result (EBIT) due to the recently decided tax law changes in the Canton Vaud and the US which include a reduction of the corporate tax rates. The tax rate reduction resulted in a combined favorable one-time impact of approximately CHF 15 million on the Group income tax.

Bobst Group SA will publish its annual financial statements on 27 February 2018

Bobst Group SA, Mex, Switzerland

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