Media

As expected, demand for Bucher Industries’ products and services declined in the first nine months of 2024. The segments associated with agriculture and Bucher Emhart Glass were particularly hard hit by the downturn. Order intake fell significantly, but the slowdown stabilised from mid-year onwards. Sales were also below the prior-year level. The Bucher Municipal division was able to positively distinguish itself from the general trend, recording encouraging sales growth. Bucher Industries expects for 2024 lower sales and now, due to the low capacity utilisation, an operating profit margin in the high single-digit range.