Bobst Group Continues Its Transformation and Investments for the Future

Bobst Group continues investing for the future and confirms its strategic priorities based on growth, innovation for digital printing, IoT and digitalization of its core business processes. The Group Executive Committee is evolving and Erik Bothorel will leave the Group Executive Committee by end of 2018. Stephan März, current Head of the Business Unit Services, will take on responsibility for Business Unit Web-fed as of 1st January, 2019, while Julien Laran, current Head of the Supply Chain and Operations within the Business Unit Services, will be appointed Head of Business Unit Services as of1st January, 2019. 

Erik Bothorel will lead the BU Web-fed until the end of 2018 and then effective 1st January, 2019, Stephan März will take over the responsibility. Bothorel will take on an internal mandate for the Group and therefore will be leaving the Group Executive Committee.

Effective 1st January, 2019, the Board of Directors of Bobst Group has appointed Laran as Head of Business Unit Services and member of the Group Executive Committee. He has been with the Group since 2013 in various managerial positions within the Business Unit Services. He is currently in charge of Supply Chain and Operations.

Bobst Group confirms the guidance for the full year 2018 communicated on 25th July, 2018 which is an increase of full year sales by 5-7% compared to 2017 and an operating result (EBIT) higher than CHF 90 million.