Bobst Group has confirmed it achieved consolidated sales of CHF 1.447 billion in 2016, an increase of CHF 116 million, or +8.7 per cent, compared to 2015. The operating result (EBIT) was CHF 103.7 million (CHF 83.9 million in 2015), while the net result was CHF 84.3 million (CHF 67.1 million in 2015). Cash increased by CHF 46.3 million contributing to a net cash position of CHF 51.3 million compared to net debt of CHF 1.7 million in 2015. The return on capital employed (ROCE) increased to 19.9 per cent compared to 16.0 per cent in 2015. The company also reported that order entries were the same as in 2015 and backlog down four per cent due to higher sales.
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