Bucher Industries Faces Declined Sales but Hopes for 2025 Market Recovery

In its recent statement, Bucher Industries reported that sales fell below previous year's levels, as expected. The agricultural sector and Bucher Emhart Glass were notably affected by the downturn, with decreased order intake stabilizing mid-year. While most divisions saw reduced sales, Bucher Municipal experienced growth. The group's operating profit margin is predicted around 9%, indicating lower profits than the prior year.

The economic slowdown was most pronounced in Europe, with better performances in North America and Asia. The Kuhn Group faced a significant drop in orders due to lower agricultural income. Conversely, Bucher Municipal saw strong market demand, particularly in truck-mounted sweepers and winter maintenance equipment.

Looking forward, Bucher anticipates market recovery in 2025, with stable sales expected. A property sale could potentially increase the operating profit margin by 1.4 percentage points. The complete annual report will be available on 28 February 2025.