Brief: Bucher Industries Says FY Operating Profit Margin Is Likely To Exceed Previous Year's High Figure

Bucher Industries AG

26/01/2023 05:11

Jan 26 (Reuters) - Bucher Industries AG  BUCN.S :
    * FY OPERATING PROFIT MARGIN IS LIKELY TO EXCEED PREVIOUS
YEAR'S
HIGH FIGURE
    * FY 2022 PROFIT SHOULD BE SUBSTANTIALLY HIGHER THAN IN
PREVIOUS
YEAR
    * GROUP EXPECTS DEMAND TO CONTINUE TO NORMALISE AT A VERY
HIGH
LEVEL IN COURSE OF THIS YEAR
    * GROUP ANTICIPATES THAT SALES FOR 2023 WILL BE ROUGHLY IN
LINE
WITH 2022, WITH OFFSETTING PRICE AND CURRENCY EFFECTS
    * BUCHER INDUSTRIES- OPERATING PROFIT MARGIN FOR 2023 TO
COME
UNDER PRESSURE, DUE TO HIGHER PERSONNEL COSTS, SHOULD BE
SLIGHTLY BELOW PREVIOUS YEAR

Source text for Eikon:  ID:nEQ4nYJMCa 
Further company coverage:  BUCN.S 
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