Bossard Holding Ag · SIX:BOSN
Bossard — FY2025 Earnings Presentation
37 slides from Bossard's earnings presentation, Mar 5, 2026
Slide 1: Welcome!
Welcome! Financial Analyst & Media Conference | March 5, 2026
Slide 2: Agenda
Agenda 01 Key Developments 2025 02 Financial Review 03 Strategy 200 Progress & Focus 04 Mid-Term Financial Targets 05 Q&A
Slide 3: Key Developments 2025
Key Developments 2025 BUSSARD
Slide 4: Key developments 2025
BOSSARD GROUP Key developments 2025 Market Bossard − Challenging market environment with ongoing − A strong pipeline in sunrise industries geopolitical and economic uncertainties − Slight growth over the year, with acceleration in the − Asia (India, Malaysia) – positive demand dynamics second half −
Slide 5: Sales & EBIT margin development
ACCELERATED, PROFITABLE & SUSTAINABLE GROWTH Sales & EBIT margin development 1’200’000 14.0% 12.0% 1’000’000 10.0% 800’000 8.0% 600’000 6.0% 400’000 4.0% 200’000 2.0% 0 0.0% 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Sales % EBIT Global P
Slide 6: Financial Review
Financial Review BUSSARD
Slide 7: Highlights 2025
Highlights 2025 Solid Strong Acquisition profitability equity ratio of Ferdinand > Gross Stable cash Well- flow from maintained operations gross profit margin
Slide 8: Organic growth despite volatile markets and FX headwind
NET SALES 2025 Organic growth despite volatile markets and FX headwind in CHF million +8.6 % − Economic environment continued to be marked by uncertainties +10.2 % − Currency impact persisted due to Swiss franc appreciation 1’068.9 -3.6 % +2.0 % − Sales development – gradual stabilization in Europe
Slide 9: Income Statement
FINANCIAL REVIEW 2025 Income Statement in CHF million 2024 2025 +/- 2025 − Lower gross profit margin due 1) to PPA effects. Adjusted margin at adjusted 32.8 % Net sales 984.1 1’068.9 8.6 % 1’068.9 − Higher cost levels due to: Gross profit 324.4 345.7 6.6 % 350.8 − wage costs in % 33.0 % 32.3 % 32.8
Slide 10: Net sales / EBIT 2024 vs. 2025
FINANCIAL REVIEW 2025 Net sales / EBIT 2024 vs. 2025 at constant exchange rates 2024 in CHF million Net Sales in CHF million EBIT EBIT excluding PPA effects: 1’200 120 1’104.2 112.5 − EBIT CHF 117.9 million 1’068.9 106.6 100.1 − EBIT margin 10.7 % 984.1 +12.4 % 1’000 +12.2 % 100 − EBIT growth 17.8 %
Slide 11: Net sales development by region
FINANCIAL REVIEW 2025 Net sales development by region in CHF million - 3.0 % in CHF +14.4 % in CHF (organic -2.7 %) + 5.6 % in CHF +3.3 % in LC +15.7 % in LC (organic -1.6 %) +12.1 % in LC 646.9 565.3 235.6 228.6 193.4 183.2 America Europe Asia 2024 2025 2024 2025 2024 2025
Slide 12: Strong equity ratio
FINANCIAL REVIEW 2025 - BALANCE SHEET Strong equity ratio in CHF million Equity ratio − Total assets increased primarily due to investments 1000 80% in tangible and intangible assets and due to the 902 acquisition of Ferdinand Gross 900 844 70% 807 − Equity ratio decreased mainly due to negative 8
Slide 13: Increase in ONWC mainly due to the acquisition
FINANCIAL REVIEW 2025 - OPERATING NET WORKING CAPITAL Increase in ONWC mainly due to the acquisition in CHF million ONWC − Year-over-year increase in total operating net 1200 80% working capital mainly driven by the acquisition 1’069 1’069 of Ferdinand Gross in 2025 and also by higher 70% sales in Q
Slide 14: Continued solid balance sheet ratios
FINANCIAL REVIEW 2025 - BALANCE SHEET Continued solid balance sheet ratios in CHF million Gearing Net debt / EBITDA 1000 2.5 − Commitment to solid capital structure 902 900 2.3 − Net debt level increased mainly due to the acquisition of Ferdinand Gross and higher 800 844 1.9 2.0 operating net workin
Slide 15: Capex – strong focus on digitalization remains
FINANCIAL REVIEW 2025 - CAPITAL EXPENDITURES Capex – strong focus on digitalization remains in CHF million Land and buildings − Office and warehouse maintenance and investments related to ESG initiatives 3.2 Smart devices − Scales and electronic labels for Smart Factory 6.2 installations Total Capex
Slide 16: Solid profitability generates stable operating cash flow
FINANCIAL REVIEW 2025 - CASH FLOW STATEMENT Solid profitability generates stable operating cash flow in CHF million in CHF million 2024 +/- 2025 − Stable cash flow from operating activities before changes in net working capital Cash flow from operating activites before NWC 99.8 3.1 102.9 − Increase
Slide 17: 40 percent payout of net income
DIVIDEND POLICY 40 percent payout of net income in CHF EPS Dividend Proposed dividend for FY 2025 16 10 Proposal to the annual general meeting of shareholders 14 13.38 − Gross dividend of CHF 3.90 per 12.53 8 registered A share 12 10 9.64 9.39 9.33 5.50 6 5.10 8 4.00 3.90 3.90 4 6 4 2 2 EPS 0 0 Divi
Slide 18: Strategy 200 – Progress & Focus
3 Strategy 200 – Progress & Focus
Slide 19: Overview
STRATEGY 200 Overview Accelerated profitable and sustainable growth… − … based on our proven business model − … organically and through acquisitions − … to achieve relevant market shares in our key markets − … through 7 strategic initiatives
Slide 20: 7 strategic initiatives
STRATEGY 7 strategic initiatives ONE BOSSARD TOGETHER, WE CREATE SALES ENGINE From 2020 Strategy CUSTOMER CENTRICITY … to Strategy 200! OPERATIONS ENGINE INNOVATION SUSTAINABILITY / ESG
Slide 21: Global collaboration & people development
TOGETHER WE CREATE Global collaboration & people development − Continued focus on guiding principles & global collaboration − … succession planning − … talent & leadership development
Slide 22: Efficiency in customer acquisition and pipeline conversion
SALES ENGINE Efficiency in customer acquisition and pipeline conversion − Focus on growth verticals (aerospace, railway, agriculture, automation, robotics & semiconductor equipment) → Sales Acceleration
Slide 23: Sales Acceleration: Pilatus, AGCO, LAM Research
SALES ENGINE Sales Acceleration: Pilatus, AGCO, LAM Research
Slide 24: Sales Acceleration: Data Center - Ecosystem
SALES ENGINE Sales Acceleration: Data Center - Ecosystem
Slide 25: Efficiency in customer acquisition and pipeline conversion
SALES ENGINE Efficiency in customer acquisition and pipeline conversion − Focus on growth verticals (aerospace, railway, agriculture, automation, robotics & semiconductor equipment) → Sales Acceleration − Deep & wide (products & services, global) → Global Customer Penetration (G60)
Slide 26: Global customer penetration – G60
SALES ENGINE Global customer penetration – G60
Slide 27: Efficiency in customer acquisition and pipeline conversion
SALES ENGINE Efficiency in customer acquisition and pipeline conversion − Focus on growth verticals (aerospace, railway, agriculture, automation, robotics & semiconductor equipment) → Sales Acceleration − Deep & wide (products & services, global) → Global Customer Penetration (G60) − Strong shift to
Slide 28: Global KPI dashboard
SALES ENGINE Global KPI dashboard
Slide 29: Efficiency in customer acquisition and pipeline conversion
SALES ENGINE Efficiency in customer acquisition and pipeline conversion − Focus on growth verticals (aerospace, railway, agriculture, automation, robotics & semiconductor equipment) → Sales Acceleration − Deep & wide (products & services, global) → Global Customer Penetration (G60) − Strong shift to
Slide 30: 4 strategic advantages
SMART FACTORY 4 strategic advantages 1. Customer stickiness Deeper integration across value chains, wide network and increasing customer lifetime value 2. Cross-selling engine Smart Factory opens doors for other Bossard services and products 3. Share of wallet Recurring revenues from different pocke
Slide 31: Efficiency in our operations
OPERATIONS ENGINE Efficiency in our operations − Introduction of Microsoft D365 in 20 business units across the globe by end of 2025 (42 % business coverage)… − … 3 rollouts in Europe and Asia by end of 2026 (61 % business coverage) − AI to increase efficiency − Efficient supply chain (infrastructur
Slide 32: Cutting edge service development
INNOVATION Cutting edge service development (Smart Factory, automation) − Smart Factory driven service innovation − … for industrial C-parts management in production & logistics
Slide 33: Reduced footprint & regulatory compliance
SUSTAINABILITY / ESG Reduced footprint & regulatory compliance − Reduction of CO2 footprint (50 % from 2023-2031) − Compliance with global regulations (CSRD, CBAM, etc.)
Slide 34: Mid-Term Financial Targets
4 Mid-Term Financial Targets
Slide 35: … after a phase of investments
MID-TERM FINANCIAL TARGETS … after a phase of investments − Sales: Organic sales growth target of > 5 % − Operating profit margin (EBIT): Target range of 12 % - 15 % − Balance sheet: Equity ratio > 40 % − Dividend payout ratio: 40 % of net income
Slide 36: Q&A
5 Q&A
Slide 37: Safe Harbor Statement
BOSSARD GROUP Safe Harbor Statement This document has been prepared by the company solely for the use at the Financial Analyst & Media Conference in Zurich on March 5, 2026. The information contained in this document has not been independently verified and includes assumptions and estimates that may