Demand for the products and services of Bucher Industries declined notably in the first half of 2020 as a consequence of the spread of COVID-19. A recovery set in at mid-year and gained momentum towards the end of the reporting period, but order intake and sales were nevertheless lower overall. The Group expects the operating profit margin for 2020 to be slightly higher than at mid-year and profit for the period to be correspondingly lower versus 2019.
Bucher Industries achieved a substantial increase in sales and order intake in the 2011 financial year, despite significant negative currency effects. Sales growth was 27% in local currencies, and the Group started 2012 with the order book at a high level. For 2011, the Group expects a percentage increase in both operating profit and profit for the year on a par with the first half of the year.