Demand for Bucher Industries’ products and services normalised at a very high level over the course of 2022. Sales increased significantly, despite continuing challenges in procurement and personnel. The operating profit margin is likely to exceed the previous year’s high figure. Profit for the year should be substantially higher than in the previous year.
While Bucher Industries’ markets weakened over the course of 2022, sentiment remained positive overall. Order intake continued to rise until mid-year, but then declined from a high level in the second half of the year. The situation in the supply chain improved towards the middle of the year, but remained challenging due to the COVID-19 measures in China and the tense energy situation.
Recruiting qualified employees was also difficult, particularly in the USA. Although this negatively impacted process efficiency, sales again increased significantly, which was partly due to increased prices as well as higher volumes. Strengthening of the Swiss franc was reflected in negative currency effects of around four percentage points.
The Group’s order book remained very strong, with seven months of orders. The operating profit margin is likely to exceed the previous year’s figure. Profit for the year should be substantially above the previous year due to the higher operating profit and a lower tax rate.