Bachem - Financial Performance
Bubendorf/Basel, March 13, 2020 – The Bachem Group (SIX: BANB) surpassed the 300 million CHF sales mark for the first time in fiscal year 2019. Sales rose for the ninth time in succession, hitting a new record of 313.7 million CHF (2018: 282.5 million CHF, +11.0%). Operating profit at the EBIT level rose dis-proportionately by 13.8% to 62.4 million CHF. At the EBITDA level, it came to 87.2 million CHF (previous year: 77.9 million CHF). The results lifted the EBIT margin to 19.9% and the EBITDA margin to 27.8%. Despite a sizeable foreign currency result of -1.6 million CHF (2018: +0.4 million CHF), Bachem achieved a 16.1% gain in net income to 54.2 million CHF.
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