Bobst (BOBNN) Investor presentation summary

Business review and evolution

• Bookings grew 51.5% year-on-year post-pandemic, but faced volatility from supply chain disruptions, tariffs, and economic downturns between 2020 and 2025.

• North American market experienced volume reduction, price wars, and increased costs due to tariffs and local competition.

• Crisis management in 2025 included responses to US tariffs on steel, aluminum, and Swiss products, with strategic communication and business plan adjustments.

• Major industry events in 2025 included participation in K Show, Labelexpo, and FEFCO, supporting brand visibility and networking.

Market trends and industry transformation

• European packaging consumption growth was nearly flat (0.03% YoY) from 2023 to 2025, much lower than the 1.7% forecast.

• North America showed market saturation with only a 0.5% YoY increase, while APAC (excluding China) saw 3.8% growth, slightly below forecasts.

• China’s packaging consumption growth was revised down to 4.8% YoY due to overestimated past forecasts, but remains higher than Western regions.

• Substrate prices tracked across regions, with notable differences in recycled versus virgin fiber costs and regional PET pricing.

New services and transformation initiatives

• Launched consulting services (CoEfficient) to help packaging converters improve quality, reduce costs, and enhance sustainability.

• Expanded SaaS and consumption-based business models, including BOBST Connect IoT platform and pay-per-use offerings, with a focus on automation and process standardization.