The Buhler Technology Group can look back on an encouraging business year 2010. For the first time in the Group’s 150-year history, order intake exceeded the mark of two billion Swiss francs. Also, sales and operating results (EBIT) continued to grow.
The anniversary year will be known as one of the best in Buhler’s history. With CHF 2160 million or 21% more than a year ago, the order intake passed the mark of two billion Swiss francs, although the first quarter was still characterized by the turmoil in the global economy.
All three divisions contributed to the growth. The greatest leap of 48% was achieved by Advanced Materials, followed by Food Processing (+27%) and Grain Processing (+15%). This pronounced increase in order intake was especially due to the emerging markets in Asia (+39%), North and South America (+19%), and the Middle East (+96%). Thus, business is now spread evenly across the four main regions – Europe, Middle East/Africa, Asia, and North and South America.
A perceptible improvement was also achieved in sales growing 11% to CHF 1907 million (+13% on a currency adjusted basis). The operating result (EBIT) was exceeding sales growth.
Buhler is a global leader in the field of process engineering, in particular for production technologies and services for making foods and advanced materials. Buhler operates in more than 140 countries and has a total payroll of about 7,800 worldwide.
Buhler Enjoys Successful Anniversary Year 2010
Published February 8, 2011
Related Breaking News
- Kiian Digital to Launch Digistar Evo Dye-Sublimation Ink for Epson Printheads at FESPA China 2015
- Nazdar to Showcase UV/LED Ink Solutions to Customers and Partners at InPrint 2015
- Marabu North America and Engineered Printing Solutions Announcestrategic Partnership
- EFI Merges Corrugated Technologies Inc. (CTI) into its Productivity Software Business Unit
Related Online Exclusives