02.10.17
Bühler showed a healthy performance in 2016. While continuing its policy of reinvesting profits to secure future development, the company has continued its growth path. Order intake in 2016 was up 3% to CHF 2.54 billion ($2.54 billion), compared to a decline of 4% in 2015. Turnover rose by 2% to CHF 2.45 billion ($2.45 billion), and profitability remained stable at 7.1% (EBIT margin). R&D investments were significantly increased.
“For a company based in Switzerland, 2016 marked a real proof point considering the Euro/Swiss franc shift a year ago,” said CEO Stefan Scheiber. “In this context, we can be satisfied with these results.”
Net profit remained stable at CHF 143 million ($143 million). With an equity ratio of 47% (previous year 46%), the group is free from all bank liabilities. The return on net operating assets (RONOA) stayed on a high level of 19% (previous year: 22%).
“With this strong financial position, Bühler is well equipped to continue investing into its own future,” Scheiber said. “With the accomplishments of 2016, and a strong order backlog, Bühler has a positive outlook for 2017.”
Both businesses of Bühler, Grains & Food and Advanced Materials, contributed to the success of the group in 2016. The group’s performance was strongly supported by its customer service business. The service business showed higher growth and recorded a turnover of CHF 578 million ($578 milion), which is 7% higher than last year. The service share of turnover now accounts for 24% (previous year: 22%).
On a regional level, growth in North and South America, Europe, and China overcompensated the downturns in the Middle East & Africa and South East Asia. Overall, Bühler holds a very balanced position with its global presence: Europe reported a turnover share of 30%, Asia 25%, Middle East & Africa 15%, North America 17%, South America 6%, and South Asia 6%.
“For a company based in Switzerland, 2016 marked a real proof point considering the Euro/Swiss franc shift a year ago,” said CEO Stefan Scheiber. “In this context, we can be satisfied with these results.”
Net profit remained stable at CHF 143 million ($143 million). With an equity ratio of 47% (previous year 46%), the group is free from all bank liabilities. The return on net operating assets (RONOA) stayed on a high level of 19% (previous year: 22%).
“With this strong financial position, Bühler is well equipped to continue investing into its own future,” Scheiber said. “With the accomplishments of 2016, and a strong order backlog, Bühler has a positive outlook for 2017.”
Both businesses of Bühler, Grains & Food and Advanced Materials, contributed to the success of the group in 2016. The group’s performance was strongly supported by its customer service business. The service business showed higher growth and recorded a turnover of CHF 578 million ($578 milion), which is 7% higher than last year. The service share of turnover now accounts for 24% (previous year: 22%).
On a regional level, growth in North and South America, Europe, and China overcompensated the downturns in the Middle East & Africa and South East Asia. Overall, Bühler holds a very balanced position with its global presence: Europe reported a turnover share of 30%, Asia 25%, Middle East & Africa 15%, North America 17%, South America 6%, and South Asia 6%.