Bucher Municipal, a division of Bucher Industries, is acquiring 100% of the leading French distributor of municipal vehicles Eurovoirie SAS. This allows the division to directly market its entire product portfolio of municipal vehicles to French customers and to better service them.
Bucher Municipal, a division of Bucher Industries, has taken over J. Hvidtved Larsen A/S (JHL), a technologically advanced Danish manufacturer of truck-mounted sewer-cleaning units with a strong base in Scandinavia and the UK. The acquisition provides growth opportunities for Bucher Municipal and brings together JHL’s expertise in sewer cleaning, Bucher Municipal’s in-depth understanding of the municipal markets and the strength of its firmly established distribution network.
Aurelio Lemos, previously responsible for Bucher Hydraulics Switzerland, is to take over as head of Bucher Municipal, a division of Bucher Industries, with effect from 1 March 2016. Bucher Municipal plans to restructure sweeper manufacture, in future producing all compact sweepers in Latvia and truck-mounted sweepers in Great Britain. The transfer of production will serve to maintain competitiveness and concerns the sites in Switzerland, Great Britain and Latvia. The manufacture of specialist truck-mounted sweepers, which is located in Denmark, will not be affected. The engineering, sales and service organisations of the Bucher and Johnston brands will similarly remain untouched by the planned measures.
Bucher Industries recorded an 11% fall in both sales and order intake in fiscal 2015, with currency effects accounting for around 7% of the decline. For 2015 as a whole, the Group is expecting a decrease in operating profit and profit for the year.
Christina Johansson, presently Chief Financial Officer at SR Technics Group, will take over the position of CFO at Bucher Industries in the fourth quarter of 2016. After 20 years’ service as CFO at Bucher Industries, Roger Baillod is becoming independent to pursue his career as a professional board member.
In the first three-quarters of 2015, sales and order intake at Bucher Industries fell by 4% in local currencies. In terms of Swiss francs, sales decreased year on year by 11%. For the 2015 business year as a whole, the Group is expecting sales and operating profit in terms of local currencies to decrease.
Michael Häusermann, a member of group management and head of the Bucher Municipal division, is leaving the Bucher Industries Group by mutual consent in order to pursue a new career path. Coen van Rosmalen, managing director of Johnston Sweepers Ltd, UK, a company belonging to Bucher Municipal, is taking over the management of the division on an ad interim basis with immediate effect.
In the first half of 2015, Bucher Industries was unable to maintain the high level attained in the same period of last year. Sales and order intake decreased. The appreciation of the Swiss franc contributed around 7% to the decline in sales. Before adjustment for currency effects, the operating profit margin decreased slightly, edging down 0.3 percentage points. As a result, Group profit for the period was lower than the high level reached in the same period of 2014.
The 2014 sustainability report that is published online comprises key figures from the 32 most important production sites of Bucher Industries worldwide. Compared with 2013, energy consumption at Group level fell by about 6%, despite a 4% increase in sales. This positive trend was due to the energy-saving measures implemented and the mild winter in Europe.