Brief: Bucher Industries Says FY Operating Profit Margin And Profit For Year Are Expected To Be Slightly Above High Prior-Year Figures

Bucher Industries AG

30/01/2024 05:05

Jan 30 (Reuters) - Bucher Industries AG  BUCN.S :
    * FY OPERATING PROFIT MARGIN AND PROFIT FOR YEAR ARE
EXPECTED TO
BE SLIGHTLY ABOVE HIGH PRIOR-YEAR FIGURES
    * GROUP ANTICIPATES THAT DEMAND WILL CONTINUE TO SOFTEN
SLIGHTLY
IN 2024
    * FY SALES REMAINED ON A PAR WITH PRIOR-YEAR LEVEL, WITH
CAPACITY
UTILISATION LOWER IN SECOND HALF OF YEAR
    * EXPECTS 2024 SALES TO DECREASE AND OPERATING PROFIT MARGIN
TO BE
LOWER BUT REMAINING IN DOUBLE
    * BUCHER INDUSTRIES - GROUP EXPECTS A SLIGHT DECLINE IN
SALES AS A
RESULT OF SLOWDOWN IN BUSINESS MOMENTUM FOR 2024
    * GROUP'S PROFIT FOR YEAR IS EXPECTED TO BE SLIGHTLY LOWER
THAN
HIGH LEVEL RECORDED IN PREVIOUS YEAR
    * GROUP'S PROFIT FOR 2024 IS EXPECTED TO BE SLIGHTLY LOWER
THAN
HIGH LEVEL RECORDED IN PREVIOUS YEAR
    * FY2023 EARNINGS PER SHARE VIEW CHF 33.37, REVENUE VIEW CHF
3.63
BILLION -- LSEG IBES DATA

Source text for Eikon:  ID:nEQ6HtZ2Da 
Further company coverage:  BUCN.S 

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