Bühler Group, Uzwil, Switzerland, continued to expand in 2018. Group turnover increased by 22% to CHF3.3 billion. The Group further strengthened its strategic position by establishing a third business pillar: Consumer Foods. Its new, most advanced factory in Changzhou, China, is fully operational, and construction of its CUBIC innovation campus in Uzwil is nearing completion. To drive digitalisation, the company entered a partnership with Microsoft (as reported previously in EBS News).
 
“We are satisfied with the 2018 overall results. Volumes developed well, but profits were below our objectives. Despite risks such as trade conflicts, we are well positioned with our portfolio and our global organisation, and look to the future with confidence,” said CEO Stefan Scheiber. The 2018 business year was characterised by continued organic growth in all businesses with a gain in market share, increased order intake, and higher turnover.

Turnover grew for Grains & Food by 9.2% to CHF2.2 billion, for Advanced Materials by 5.6% to CHF705 million, and Haas, acquired at the beginning of 2018, contributed CHF373 million. As a result of the Group’s combined organic and acquisitional growth, Bühler increased its order intake by 17% to CHF3.3 billion and its turnover by 22% to CHF3.3 billion, which resulted in an order backlog of CHF1.9 billion (+5.9%). Regionally, Europe (+28%) and Asia (+40%) were the markets showing the strongest turnover growth. www.buhlergroup.com

 

Bühler CEO Stefan Scheiber (left) with chairman Calvin Grieder in front of the stairway of the new CUBIC innovation campus which is currently under construction
 

« Back