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.
Demand for Bucher Industries products and services was at a very high level in the first nine months of 2021. Order intake rose by half over the prior-year period. Sales hit the record level of 2019, despite the fact that the divisions were faced with major challenges in the supply chain and logistics as well as staff shortages.
Demand for Bucher Industries’ products and services was strong in the first half of 2021. Order intake increased by 50% compared to the prior-year period. Despite difficulties in the supply chain, in logistics and in personnel recruitment, sales rose markedly, almost reaching the record level of 2019. The operating profit margin rose substantially. Operating profit and profit for the period practically doubled
Bucher Industries publishes its sustainability report 2020. The company reaffirms its sustainability strategy which consists of the four pillars “Customers”, “Employees”, “Environment” and “Compliance” and incorporates social, environmental and governance considerations. Bucher Industries uses the Global Reporting Initiative (GRI) Standards as the basis for its report on sustainability.
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.
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.
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.
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.
Claude Cornaz (60), who has served since 2002 as a member of the board of directors and the compensation committee, will not stand for re-election at the 2021 annual general meeting.