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EQS Newswire is a major provider of regulatory and corporate news. It mainly serves companies, investors and media worldwide. Through its services, EQS Newswire enables efficient and secure communication between companies and their stakeholders. Its main services include the distribution of ad hoc announcements, corporate news and the publication of financial reports that meet strict international standards.
Wed, 16.10.2024
Bystronic AG
/ Key word(s): 9 Month figures
Ongoing weak market dynamics impact order intake 16.10.2024 / 06:30 CET/CEST
Declining order intake in the first nine months in all regions
Minor improvement of order intake in third quarter 2024 over both previous quarters
Implementation of further restructuring program measures...
Wed, 11.09.2024
Bystronic introduces a divisional organizational structure
The restructuring bundles competencies and reduces fixed costs
Bystronic ensures profitability over the entire economic cycle
Zurich, September 11, 2024 – Bystronic is optimizing its organizational structure to position itself closer to its customers while also reducing its fixed cost ...
Fri, 19.07.2024
Economic uncertainty impacts demand – order intake and sales below previous year
Lower sales result in loss, despite savings measures
High start-up costs and unplanned additional expenses associated with the implementation of automation and end-to-end solutions projects further reduced the results
No significant recovery in the second half of ...
Wed, 17.04.2024
Bystronic AG
/ Key word(s): AGMEGM
Annual General Meeting 2024 17.04.2024 / 19:00 CET/CEST
Shareholders approve all motions proposed by the Board of Directors
Shareholders approve dividends of CHF 12.00 per class A registered share and CHF 2.40 per class B registered share
Zurich, April 17, 2024 – The shareholders of Bystr...
Mon, 15.04.2024
Continued cautious investment behavior of customers leads to lower order intake and declining sales, as expected
Cost optimization program is on track
Adjustments to regional organizational structures
KPIs
CHF million
Q1 2024
Q1 2023
in %
in % CER1
Order intake
...
Thu, 29.02.2024
Bystronic improves profitability with slight decline in sales; plans cost optimization program
High order backlog at the beginning of the year supports sales performance as order intake declined significantly
Sales decline to CHF 930 million due to strong Swiss franc
EBIT margin increases to 5.8% thanks to improvement in efficien...
Wed, 31.01.2024
Alex Waser elects to retire as Bystronic CEO - Domenico Iacovelli named successor
Zurich, January 31, 2024 — Long-time Bystronic CEO Alex Waser has elected to retire as CEO. He will be succeeded by Domenico Iacovelli, who will assume the role of CEO, effective July 1, 2024.
Under Waser, Bystronic more than doubled its revenues in the last...
Fri, 13.10.2023
Demand in 3rd quarter stabilized at level of preceding quarters
Ongoing cautious investment behavior
Moderate sales growth due to high order backlog 1
Outlook for full year 2023 confirmed
KPIs
CHF million
9M 2023
9M 2022
in %
in % CER1
Order intake
624.6
781.2
(20.0)
(14.4)...
Fri, 21.07.2023
Enhanced profitability in the first half of 2023
Operating result (EBIT) doubled to CHF 25.3 million
Sales growth of 10% at constant exchange rates
Customer restraint led to a drop in order intake
KPIs
CHF million
H1 2023
H1 2022
in %
in % c.e.r.1
Order intake
420.9
536.1
(2...
Fri, 21.07.2023
Enhanced profitability in the first half of 2023
Operating result (EBIT) doubled to CHF 25.3 million
Sales growth of 10% at constant exchange rates
Customer restraint led to a drop in order intake
KPIs
CHF million
H1 2023
H1 2022
in %
in % c.e.r.1
Order intake
420.9
536.1
(2...
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