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:
- Systems: As an innovation leader, Bystronic creates added value for its customers by continuously innovating its product portfolio for all market segments and regions
- Software: As a market leader, Bystronic offers software solutions for automated and digitalized manufacturing processes, thus boosting its customers' productivity
- Service: Bystronic is increasing its recurring and value-adding sales based on its global, standardized and modular service program
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."
1) Based on the 2019 business results
The Capital Markets Day starts at 09:30 hours CET on November 30, 2021. The presentation and the live audio webcast are available on our website under "Presentations".
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Bystronic (SIX: BYS) is a leading global technology company in the field of sheet metal processing. The focus is on the automation of the complete material and data flow of the cutting and bending process chain. The intelligent networking of laser cutting systems and press brakes based on innovative automation, software, and service solutions is key to achieving the comprehensive digitalization of the sheet metal processing industry.
Bystronic's operational headquarters are located in Niederönz, Switzerland. Additional development and production sites are located in Sulgen (Switzerland), Gotha (Germany), Cazzago San Martino and San Giuliano Milanese (Italy), Tianjin and Shenzhen (China), and Hoffman Estates (USA). We are active with our own sales and service companies in more than 30 countries and are represented by agents in numerous other countries.
This communication contains forward-looking statements, which are subject to uncertainty and risks. Actual future results may differ materially from those expressed in or implied by these statements. Some of these uncertainties and risks relate to factors that are beyond Bystronic's ability to control or predict precisely, such as, in particular, future market conditions, currency fluctuations, or the behavior of other market participants. Readers are cautioned not to put undue reliance on forward-looking statements, since these relate only to the date of this communication. Bystronic disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or any other factors.