Strategic progress in a challenging environment
Dr. Thomas Schmuckli, Chair of the board of directors, and Dr. Daniel Bossard, CEO
The past financial year was a year of significant strategic progress for Bossard. In a market shaped by economic headwinds, key initiatives of our Strategy 200 were implemented successfully. This included strengthening technological expertise, expanding market positions in a number of local markets, and broadening our presence in growth industries, which was achieved both through organic growth and acquisitions.
Solid profitability in a challenging environment
In a challenging market environment of subdued demand and a strong Swiss franc, Bossard was able to report solid profitability. The presence in growth industries was enhanced through organic growth and targeted acquisitions.
Sustainability
For generations, the Bossard Group has attached great importance to sustainable corporate development. This sustainability report details the Bossard Group’s activities and measures to achieve long-term, sustainable growth. The report explains the strategic and organizational anchoring of the topic of sustainability and the focus areas: Future Proven Solutions, Reduced Footprint, Empowered People and Fair Partnership.
Financial Report
In a challenging market environment of subdued demand and a strong Swiss franc, the Bossard Group faced declining sales. Sales in financial year 2024 decreased by 7.7 percent to CHF 986.4 million (prior year: CHF 1,069.0 million). In local currency, the decline was 5.8 percent. Adjusted for acquisitions, sales in local currency were 7.0 percent lower than in the prior year. EBIT amounted to CHF 100.1 million (prior year: CHF 113.1 million), corresponding to a decrease of 11.5 percent. The EBIT margin was 10.2 percent (prior year: 10.6 percent). Net income declined by 2.0 percent to CHF 75.3 million (prior year: CHF 76.8 million).
Compensation Report
The compensation report describes the compensation principles and programs as well as the governance framework related to the compensation of the board of directors and the executive committee of Bossard Holding AG. The report also provides details on the compensation awarded to those two bodies in the financial year 2024.
Corporate Governance
This corporate governance report describes the organizational structure of the Bossard Group. The report contains information on the allocation of duties within the board of directors and its committees as well as further information on the individual members.
Read the Corporate Governance Report