Bühler Reports Profitable Growth in 2022

In 2022, Bühler expanded its business and improved profitability in an uncertain and volatile business environment. The company was able to mitigate effects of the war in Ukraine, tense supply chains, and soaring energy and raw material prices, while further improving its financial position with a high equity ratio and repaying the first tranche of its bond. The company continued to invest in innovation, new partnerships, and education and training.

With numerous opportunities in its markets and a high order backlog of over CHF 2.1 billion, the company’s ambition is to continue its positive development in 2023. “The impressive dedication of our employees worldwide helped us to be agile, resilient, and creative, even in the face of increasing volatility and uncertainties,” said Bühler CEO Stefan Scheiber.

At the Group level, order intake rose 8.7% to CHF 3.3 billion and order backlog was robust at CHF 2.1 billion. Turnover increased by 10.3% to CHF 3 billion ($3.25 billion). EBIT improved by 36% to CHF 199 million, reflecting an EBIT margin of 6.7% (prior year: 5.4%). Net profit went up 35.7% to CHF 154 million ($167 million). With these results, Bühler has largely managed to reach pre-pandemic business levels.

The growth in volume came mainly from the Advanced Materials business, where order intake soared by 40.6% to CHF 871 million, nearly doubling its volume within the last two years. Within Advanced Materials, the Die Casting business showed an outstanding performance, growing orders by 60.4%. Turnover in Advanced Materials increased by 31.8% to CHF 671 million.

Sustainability gained importance in 2022, as services are the fastest lever to reduce energy, waste, and water in existing plants. “We judge the good business performance in 2022 as a confirmation of our strategy to be a provider of sustainable solutions and services, and to be a reliable and innovative partner in creating value for our customers,” Scheiber said.