Brief: Bucher Industries Reports FY Net Sales CHF 3,575 Million Versus CHF 3,597 Million Year Ago

Bucher Industries AG

01/03/2024 05:10

March 1 (Reuters) - Bucher Industries Ag  BUCN.S :
    * STRONG BUSINESS RESULT FOR 2023
    * BOARD OF DIRECTORS PROPOSES A DIVIDEND OF CHF 13.50 PER
SHARE.
    * ANTICIPATES THAT DEMAND WILL CONTINUE TO SOFTEN SLIGHTLY
IN 2024
    * GROUP EXPECTS A SLIGHT DECLINE IN SALES AS A RESULT OF
SLOWDOWN
IN BUSINESS MOMENTUM FOR 2024
    * OPERATING PROFIT MARGIN IS ALSO EXPECTED TO DECLINE, BUT
STILL
REMAINING IN DOUBLE DIGITS IN 2024
    * GROUP'S PROFIT FOR YEAR IS EXPECTED TO BE LOWER IN 2024
THAN
HIGH LEVEL RECORDED IN PREVIOUS YEAR
    * FY NET SALES CHF 3,575 MILLION VERSUS CHF 3,597 MILLION
YEAR AGO
    * FY ORDER BOOK CHF 1,600 MILLION VERSUS CHF 2,081 MILLION
    * FY ORDER INTAKE CHF 3,170 MILLION VERSUS CHF 3,858 MILLION
YEAR
AGO

Source text for Eikon:  ID:nEQ1fqcsla 
Further company coverage:  BUCN.S 

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