Media

The media information page contains the latest news from the divisions and the Group. You will also find publications, presentations and pictures.
Press release 30.07.2019

First half of 2019: pleasing sales growth despite drop in demand

Bucher Industries’ market environment was positive overall in the first half of 2019, but with declining demand, albeit from a high level. Accordingly, order intake declined slightly, while sales continued to rise. The operating profit margin fell slightly short of the strong margin achieved in the prior-year period. This interim report was prepared for the first time in accordance with the accounting standards of Swiss GAAP FER instead of IFRS. For the purpose of comparability, the prior-year figures were restated accordingly.

Contact

Corporate Communications
Silvia Oppliger and Prisca Wolfensberger
+41 43 815 80 40
media@bucherindustries.com

Subscription to press releases
Subscribers receive the press releases from Bucher Industries directly by e-mail.

All press releases

First half of 2019: pleasing sales growth despite drop in demand

Bucher Industries’ market environment was positive overall in the first half of 2019, but with declining demand, albeit from a high level. Accordingly, order intake declined slightly, while sales continued to rise. The operating profit margin fell slightly short of the strong margin achieved in the prior-year period. This interim report was prepared for the first time in accordance with the accounting standards of Swiss GAAP FER instead of IFRS. For the purpose of comparability, the prior-year figures were restated accordingly.

Bucher Industries pushes ahead with its commitment to sustainability

In 2018, Bucher Industries undertook further initiatives to implement its sustainability strategy. The divisions launched new products, including an agricultural machine that works the soil without depleting it, hydraulic components specially designed for electrified machines and a control solution that reduces the use of plastic in food packaging. Bucher Industries prepares its sustainability report in accordance with the GRI Standards.

Annual general meeting approves all proposals of the Board of Directors

At today's annual general meeting of Bucher Industries AG, the shareholders agreed to all the proposals put forward by the board of directors. The dividend is CHF 8.00 per registered share. 213 shareholders with voting rights were present and a total of 72.84% of the votes were represented.

Successful 2018 financial year

Bucher Industries increased sales by 16% in the 2018 financial year, exceeding the CHF 3 billion mark. All divisions increased sales in double-digit percentage terms. The Group posted an operating profit margin of 9.1%. The profit for the year amounted to CHF 215 million, showing a much stronger growth than sales. The board of directors is proposing a dividend of CHF 8.00 per registered share.

Pleasing 2018 business year

2018 was a successful year for Bucher Industries. Sales rose by 16%, surpassing the CHF 3 billion mark for the first time. All divisions contributed to this positive development. The economic momentum was particularly strong in the first half of the year and diminished somewhat towards the end of the year. The Group anticipates a marked rise in the profit for the year.

Demand remains robust

Overall, in the first nine months of 2018, the positive trend in the markets of Bucher Industries continued. All five divisions made a contribution to the significant increase in both order intake and sales.

Bucher Industries strengthens its agricultural machinery businesses

The two divisions of Bucher Industries active in the agricultural machinery market are expanding their businesses by taking over leading suppliers in their respective fields: Kuhn Group is acquiring Artec Pulvérisation, one of the leading manufacturers of self-propelled agricultural sprayers in France, while Bucher Specials with its Bucher Landtechnik business unit is buying the import business of Grunderco S.A. with combines as well as the associated service business with contractors. The parties have agreed not to disclose the purchase prices.

End of content

No more pages to load