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

Completion of Montana acquisition in Brazil

Bucher Industries division Kuhn Group completed the acquisition of Montana Indústria de Máquinas S.A., announced in January 2014, earlier than expected, at the end of March.

Major new order for municipal vehicles from the city of Moscow

In an international call for tenders put out by the city of Moscow, Bucher Municipal has again won a major order, on this occasion for 609 sweepers, 275 snowploughs and 163 spreaders for winter maintenance. The order is worth a total of CHF 53 million. The order will be processed in the course of the current business year.

Bucher Industries acquires Montana in Brazil

Bucher Industries’ division Kuhn Group, which specialises in agricultural machinery, and the owners of Montana Indústria de Máquinas S.A. (“Montana”) have signed acquisition agreements.

Best result in the Group’s history

In the 2013 business year, Bucher Industries increased sales by 3% to CHF 2 691 million and operating profit by 24% to CHF 287 million. The operating profit margin reached an outstanding 10.7%. Profit for the year rose by 26% to CHF 196 million. The board of directors is proposing a dividend of CHF 6.50 per share to the annual general meeting of 10 April 2014.

Strengthening agricultural machinery business in Brazil

Bucher Industries and the owners of Montana Indústria de Máquinas S/A (“Montana”), one of the leading self-propelled sprayer manufacturers in Brazil, signed a principal understanding for an acquisition of Montana by Bucher’s Kuhn Group division.

Strong increase in order intake

Bucher Industries increased its order intake by 9% to CHF 2 718 million in 2013. Sales reached CHF 2 691 million, 3% above the high level in 2012. Compared with the previous year, the Group expects 2013 to bring a substantial increase in operating profit and profit for the year.

Change in group management

Michel Siebert, member of group management and division president of Kuhn Group, will retire at the end of September 2014. The board of directors of Bucher Industries has nominated Thierry Krier, the long-term president and CEO of Kuhn North America, as his successor. Thierry Krier will become a member of group management and assume the role of division president of Kuhn Group effective 1 October 2014.

Changes to the board of directors and group management

The board of directors of Bucher Industries will submit a proposal to the annual general meeting on 10 April 2014 to elect Valentin Vogt to the board. Stefan Düring is to replace Jean-Pierre Bernheim as a member of group management and president of the Bucher Specials segment with effect from 1 January 2014.

End of content

No more pages to load