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SWITZERLAND - Bühler reports marked rise in order intake

The Bühler Technology Group received orders worth CHF 1,309 million in the first half-year of 2014. This is a substantial and purely organic increase of 12% over a year ago. With CHF 1,031 million, sales revenues were slightly below the value of the previous year

SWITZERLAND - Bühler reports marked rise in order intake
July 18, 2014

This positive development is primarily attributable to the revival of the North and South American markets and the continuing stable growth in the emerging markets of China and India. Almost all business units contributed to growth. Bühler expects additional potential orders to be generated by the continuous addition to capacities in the Customer Service business. Furthermore, the corporate structure has been streamlined, and production capacities have been consolidated at some locations in Europe.

Sales in the first six months of 2014 amounted to CHF 1,031 million, dipping -2.8% slightly below the level of a year ago. However, as is usual in the plant and engineering business, the rise in orders will impact sales revenues with a certain time lag so that revenues for the entire fiscal year are expected to reach approximately the level of the previous year. Earnings, too, are projected to develop in a posi-tive direction. The current backlog of orders is CHF 1600 million and thus 9% above last year’s value.

About Bühler:

Bühler is a global leader in the field of process engineering, in particular production technologies and services for producing foods and manufacturing advanced materials. Bühler operates in over 140 countries and has a global payroll of over 10,000. In fiscal 2013, Bühler Group generated sales reve-nues of CHF 2322 million.

[CHF1 = US$1.11]