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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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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.
First half-year 2024: Solid result in a volatile environment
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.
Annual general meeting 2024: all proposals of the board of directors approved
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.
Financial year 2023:
Strong business result for 2023
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.
Financial year 2023:
Sales at prior-year level with decline in market momentum
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.
New division president for Bucher Hydraulics
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.
First half-year 2023: Further increase in sales and sig­nif­i­cant rise in operating profit
Demand for the products and services of Bucher Industries declined in the first half of 2023 from an extremely high level in 2022 in line with the general economic slowdown. The Group’s order intake declined in all divisions except Bucher Emhart Glass and Bucher Specials, which maintained the level of the prior year. Sales again rose significantly. The operating profit margin exceeded the prior year’s very good level. The Group’s profit for the period also increased significantly.

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