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.
The board of directors of Bucher Industries will propose that Manja Greimeier be elected to the board of directors at the annual general meeting on 16 April 2025. With the election of Manja Greimeier, the board will be enlarged and once again consist of six members.
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.
Demand for the products and services of Bucher Industries declined in the first half of 2024 compared to the very strong prior-year period as expected. The order intake fell, with agriculture being particularly hard hit by the downturn. Sales were below the previous year’s levels. The operating profit margin was maintained in the double-digit range. The Group’s profit for the period declined significantly.
As expected, Bucher Industries’ markets weakened over the course of the first quarter of 2024 in line with the general economic slowdown. The agricultural machinery market in particular was severely impacted by economic and political uncertainties. Order intake and sales fell below the prior-year period.
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 13.50 per registered share. 187 shareholders with voting rights were present and a total of 75.92% of the votes were represented.
Over the course of the reporting period, demand for Bucher Industries’ products and services declined in line with the general economic slowdown, and order intake normalised. Sales remained on a par with the prior-year level, with capacity utilisation lower in the second half of the year. The operating profit margin reached a very good 11.9%. The profit for the year was CHF 356 million, once again above the high figure of the previous year. Earnings per share were CHF 34.38, exceeding the prior year. The board of directors proposes a dividend of CHF 13.50 per share.
Demand for Bucher Industries’ products and services declined in line with the general economic slowdown, and order intake normalised. Sales remained on a par with the prior-year level, with capacity utilisation lower in the second half of the year. The operating profit margin and the profit for the year are expected to be slightly above the high prior-year figures.
Frank Mühlon has been appointed as the new division president of Bucher Hydraulics and member of group management as of 1 July 2024. He succeeds Daniel Waller, who is stepping down after 20 very successful years in this position.
Demand for Bucher Industries’ products and services declined in the first nine months of 2023 in line with the general economic slowdown. Order intake normalised from its peak in 2022. Sales increased, but business momentum slowed towards the end of the reporting period.