FDBusiness.com

Bühler Group: Marked rise in order intake

 Breaking News
  • KK Foods Plans £5.5 Million Expansion KK Fine Foods, a leading frozen food manufacturer based at Deeside in Wales, is set to expand and diversify with support from the Welsh Government, creating an additional 40 new...
  • Nestlé Launches Fund to Boost Packaging Innovation Nestlé has announced that it will invest up to SFr2 billion (€1.86 billion) to lead the shift from virgin plastics to food-grade recycled plastics and to accelerate the development of...
  • Bosch Packaging Technology is Now Syntegon Syntegon Technology is the new name for Bosch Packaging Technology, following the sale of the former Bosch division. Headquartered in Waiblingen, Germany, Syntegon Technology’s business focus is on intelligent and...
  • Nestlé Launches New KitKat Gold in the UK Nestlé has unveiled a unique addition to its biggest confectionery brand – the new KitKat Gold. KitKat Gold is a combination of trademark crispy wafer on a smooth milk chocolate...
  • 789 Food and Drink Acquisitions in 2019 2019 broke records again for the number of food and drink transactions around the world, with 789 registered on the Zenith Global mergers and acquisitions database, an average of 15...

Bühler Group: Marked rise in order intake

Bühler Group: Marked rise in order intake
July 17
11:45 2014

The Bühler Technology Group received orders worth CHF 1309 million in the first half-year of 2014. This is a substantial and purely organic increase of 12% over a year ago. With CHF 1031 million, sales revenues were slightly below the value of the previous year.

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 1031 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 positive direction. The current backlog of orders is CHF 1600 million and thus 9% above last year’s value.


Warning: count(): Parameter must be an array or an object that implements Countable in /home/fdbusiness/public_html/wp-content/themes/legatus-theme/includes/single/post-tags.php on line 5
Share

About Author

colin

colin

Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

[eventlist]

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements