Bobst Group closed 2025 with sales of CHF 1.622 billion, a 14.2% decline from 2024, primarily due to weaker performance in its Printing and Converting business unit. Operating result fell to CHF 72.7 million from CHF 141.6 million the previous year, while net profit declined to CHF 36.6 million. The company cited a lower machine backlog at the start of the year, geopolitical uncertainty, and US tariffs that required renegotiation of backlog for US clients, with part of the newly introduced tariffs absorbed by the business.

Despite lower profitability, Bobst improved its cash generation, reporting CHF 108 million in operating cash flow, up from CHF 55 million in 2024, largely due to reduced net working capital and lower inventories. Net debt increased to CHF 154 million, and the equity ratio declined to 22.6% following a new CHF 200 million bond issuance and reduced earnings. The Board has proposed a dividend of CHF 2.5 per share, half the prior year’s payout, reflecting the softer financial performance.

Looking ahead, Bobst expects 2026 to remain challenging as global trade shifts toward a more protectionist environment. European markets are forecast to stay weak, US demand remains unpredictable, and China is gradually stabilizing. The Group is prioritizing profitable sales growth, aligning production capacity with order volumes, strengthening service operations, and reorganizing its go-to-market and business unit structures to accelerate its transition toward a more customer-centric, solutions-focused model.