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The media information page contains press releases with the latest news from the divisions and the Group. You will also find ad hoc announcements, publications, presentations and pictures.

Press release

Press release | 24.10.2024 | Ad hoc
Third quarter 2024: Market slowdown in line with expectations

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.

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Saskia Rusch and Prisca Wolfensberger
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Bucher Hydraulics acquires Lenze Mobile Drives
Bucher Hydraulics, a division of Bucher Industries, is acquiring the mobile electric drive technology business of Lenze Schmidhauser in Romanshorn. Bucher is thus focusing more strongly on the trend towards electric mobility.
First quarter 2021: Strong increase in demand
The first quarter of 2021 was very dynamic for Bucher Industries overall and the Group saw demand for products and services increase in every division. Order intake grew by more than a third. The growth in sales was not as steep due to increasing challenges in production.
Annual general meeting approves all proposals of the Board of Directors
At today’s annual general meeting (AGM) of Bucher Industries AG, the shareholders agreed to all the proposals put forward by the board of directors. The dividend is CHF 6.50 per registered share. The AGM was held without the physical attendance of shareholders. A total of 73.46% of the votes were represented by the independent proxy holder.
Financial year 2020: Robust profita­bility under difficult conditions
The strong drop in demand in the first half of the year was followed by a recovery from mid-year onwards, which gained momentum towards the end of the reporting period. Sales were below last year’s record-high level. The operating profit margin was 7.4% and profit for the year was CHF 152 million. The board of directors proposes a dividend of CHF 6.50 per share.
Financial year 2020: Robust business develop­ment in a difficult year
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.
Third quarter 2020: Recovery in the third quarter
The demand for Bucher Industries’ products and services normalised in the third quarter. Most production sites could resume operations without any notable restrictions and deliver to customers. The financial position of the Group remains solid.
First half-year 2020: Good operating perfor­mance in difficult environment
Following a good start of the year, the situation deteriorated rapidly with the spread of the COVID-19 pandemic. Bucher Industries had to temporarily shut down production at several sites. Order intake and sales were markedly down on the very high prior-year figures. At the end of the reporting period, all sites were operational again, albeit some with certain restrictions. Despite the difficult conditions, the Group achieved a decent operating profit margin.

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