Significant shareholders
Descendants of the founding family, organized under a shareholders’ agreement, hold a total of 35.2% of the voting rights, as published in the Swiss Official Gazette of Commerce (SHAB) on 10 May 2005. The group is represented by Rudolf Hauser, Zurich. Further information on significant shareholders who hold more than 3% of the voting rights can be found on the Swiss stock exchange website.
Dividend policy
The board of directors of Bucher Industries pursues a consistent dividend policy with the aim of ensuring that the payout ratio over a long-term period retains the majority of the profit within the Group for its future development. In determining the annual dividend, the board takes account of the Group profit for the year and the outlook for the current business year.
Information for investors
At 31 December | 2019 | 2018 | 20172) | 20162) | 20152) | |
Share capital | ||||||
Registered shares | ||||||
Par value | CHF | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 |
In issue and ranking for dividend | number | 10’250’000 | 10’250’000 | 10’250’000 | 10’250’000 | 10’250’000 |
Authorised but unissued | number | 1’184’100 | 1’184’100 | 1’184’100 | 1’184’100 | 1’184’100 |
Treasury shares | number | 23’704 | 37’775 | 25’566 | 123’871 | 139’839 |
Issued share capital | CHF | 2’050’000 | 2’050’000 | 2’050’000 | 2’050’000 | 2’050’000 |
Market capitalisation and dividends | ||||||
Market capitalisation | CHF million | 3’483.0 | 2’710.1 | 4’059.0 | 2’570.2 | 2’319.6 |
as % of equity | % | 253.5 | 212.1 | 290.3 | 216.4 | 207.9 |
Gross dividend per registered share | CHF | 8.001) | 8.00 | 6.50 | 5.00 | 5.50 |
Total dividend | CHF million | 82.01) | 82.0 | 66.6 | 51.3 | 56.4 |
Payout ratio | % | 36.61) | 36.8 | 39.0 | 43.2 | 40.8 |
Per share data | ||||||
Profit for the year | ||||||
Basic earnings per share | CHF | 21.9 | 21.8 | 16.8 | 11.7 | 13.7 |
Diluted earnings per share | CHF | 21.9 | 21.8 | 16.8 | 11.7 | 13.7 |
Net cash flow from operating activities | CHF | 27.9 | 19.7 | 21.8 | 26.0 | 23.4 |
Equity | CHF | 134.4 | 125.1 | 136.4 | 115.9 | 108.9 |
Year high | CHF | 360.2 | 448.4 | 407.0 | 252.5 | 257.0 |
Year low | CHF | 259.4 | 256.0 | 252.8 | 194.7 | 201.7 |
Year-end price | CHF | 339.8 | 264.4 | 396.0 | 250.8 | 226.3 |
Average price | CHF | 316.0 | 345.6 | 325.3 | 231.9 | 232.9 |
Average dividend yield | % | 2.51) | 2.3 | 2.0 | 2.2 | 2.4 |
Average daily trading volume | number | 26’576 | 28’763 | 19’727 | 12’793 | 16’931 |
Price/earnings ratio (year-end price) | 15.5 | 12.1 | 23.6 | 21.4 | 16.5 | |
1) Proposal by the board of directors 2) IFRS | ||||||
Analysts
Financial analysts at the institutions listed monitor the Group’s business performance and publish regular assessments in their studies. The evaluations, judgments and expectations do not necessarily reflect the opinion of the management Bucher Industries. Please contact the analysts for a copy of the study.
Berenberg
Marta Bruska
Telefon +44 20 3753 3187
marta.bruska@berenberg.com
www.berenberg.de
Credit Suisse AG
Patrick Laager
Phone +41 44 334 60 76
patrick.laager@credit-suisse.com
www.credit-suisse.com
Baader Helvea
Jorg Schirmacher
Phone +41 43 388 92 67
jschirmacher@helvea.com
www.baaderbank.com
Kepler Cheuvreux
Torsten Sauter
Phone +41 43 333 60 02
tsauter@keplercheuvreux.com
www.keplercheuvreux.com
Stifel
Tobias Fahrenholz
Phone +41 43 888 61 62
tobias.fahrenholz@stifel.com
www.stifel.com
Mirabaud Securities Limited
Daniel Koenig
Phone +41 58 816 88 72
daniel.koenig@mirabaud-msl.com
www.mirabaud.com
Neue Helvetische Bank AG
Remo Rosenau
Phone +41 44 204 57 30
remo.rosenau@neuehelvetischebank.ch
www.neuehelvetischebank.ch
Octavian
Alessandro Foletti
Telefon +41 44 520 15 28
alessandro.foletti@octavian.ch
www.octavian.ch
RBC Capital Markets
Sebastian Kuenne
Telefon +44 20 7429 8932
sebastian.kuenne@rbccm.com
www.rbccm.com
UBS
Sebastian Vogel
Phone +41 44 239 16 57
sebastian.vogel@ubs.com
www.ubs.com
Vontobel
Pascal Furger
Phone +41 58 283 77 25
pascal.furger@vontobel.ch
www.vontobel.ch
ZKB Zürcher Kantonalbank
Armin Rechberger
Phone +41 44 292 39 51
armin.rechberger@zkb.ch
www.zkb.ch