Brief: Bucher Industries Says Group 2020 Order Intake Was CHF 2,838 Million

Bucher Industries AG

03/03/2021 05:10

March 3 (Reuters) - Bucher Industries AG  BUCN.S :
    * 2020 ORDER INTAKE WAS CHF 2838 MILLION
    * 2020 NET SALES WERE CHF 2741 MILLION VERSUS CHF 3106
MILLION
    * PROFIT FOR YEAR WAS CHF 152 MILLION
    * 2020 EARNINGS PER SHARE WAS CHF 14.71
    * KUHN GROUP 2020 ORDER INTAKE WAS CHF 1290 MILLION, NET
SALES WAS
CHF 1094 MILLION
    * BUCHER INDUSTRIES-DAIRY, LIVESTOCK INDUSTRY MAY BE
INCREASINGLY
IMPACTED NEGATIVELY BY RISING FEED COSTS,DIVISION EXPECTS
MODERATE SALES RISE FOR 2021
    * OPERATING PROFIT MARGIN IS LIKELY TO BE SLIGHTLY HIGHER
FOR KUHN
GROUP, DESPITE RISING COSTS FOR MATERIALS
    * BUCHER EMHART GLASS EXPECTS TO SEE DECLINE IN SALES AND
OPERATING PROFIT MARGIN FOR YEAR AS A WHOLE
    * BUCHER INDUSTRIES - BUCHER SPECIALS EXPECTS TO SEE SLIGHT
INCREASE IN SALES AND IN OPERATING PROFIT MARGIN AS WELL AS AN
IMPROVED PROFIT FOR YEAR
    * BUCHER INDUSTRIES -BUCHER HYDRAULICS EXPECTS SALES TO PICK
UP
SLIGHTLY AND OPERATING PROFIT MARGIN TO REMAIN ON A PAR WITH
GOOD LEVEL ACHIEVED IN 2020

Source text for Eikon:  ID:nTENl18vta 
Further company coverage:  BUCN.S 

 ((Reuters.Briefs@thomsonreuters.com;))