EQS Group-News: Bystronic AG
/ Key word(s): Miscellaneous
Bystronic hosts its first Capital Markets Day as a focused, pure-play innovation leader in the sheet metal processing industry Following the successful transformation, Bystronic today provides in-depth insights into the growing sheet metal processing market, its business model and strategy 2025. The management team reiterates the Group's medium-term targets and outlines the strategic growth drivers. Zurich, November 30, 2021 - Following the successful transformation from Conzzeta to Bystronic, the Group is now positioned as a focused, pure-play company and an innovation leader in the sheet metal processing industry. Bystronic aims to achieve organic sales growth in excess of 5%1 annually until 2025, industry-leading profitability with an EBIT margin exceeding 12% and a return on net operating assets (RONOA) of over 25%. In addition, Bystronic intends to further complement its portfolio with acquisitions. Within the framework of its strategy, Bystronic is driving growth in the following areas:
Alex Waser, CEO of Bystronic, states: "Our solutions increase the productivity of our customers and drive their success. As an innovation leader, we have positioned ourselves in close proximity to our customers and are therefore convinced that we will continue to gain ground in our growing, fragmented market. I am delighted that my experienced management team and I have the opportunity to present our business in greater detail today." Ernst Bärtschi, Chairman of Bystronic's Board of Directors, adds: "As a focused, pure-play company, Bystronic is now in a very strong position. We want our shareholders to participate in Bystronic's strong liquidity and good performance and will submit a dividend proposal to the Annual General Meeting in the context of the 2021 Annual Report. We will continue to pursue our growth strategy 2025, which is already off to a good start and ensure that Bystronic can realize both organic and acquisition-related growth." Additional information Media Relations
Additional features: File: Bystronic hosts its first Capital Markets Day as a focused, pure-play innovation leader in the sheet metal processing industry
End of Media Release |
Language: | English |
Company: | Bystronic AG |
Giesshübelstrasse 45 | |
8045 Zürich | |
Switzerland | |
Phone: | +41 79 410 81 88 |
E-mail: | investor@bystronic.com |
Internet: | ir.bystronic.com |
ISIN: | CH0244017502 |
Valor: | A117LR |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1252749 |
End of News | EQS Group News Service |
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1252749 30.11.2021
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1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.