UZWIL, Switzerland – The global Buhler Technology Group has once again grown markedly in 2010. Order intake increased 21 percent to CHF 2160 million, sales revenue (turnover) increased 11 percent to CHF 1907 million and operating profits (EBIT) increased at a higher-than-proportional rate to 10.6 percent of total sales. The group owes this success to the identification of market trends such as improved food safety and higher energy efficiency. For the current fiscal year, Buhler expects to further increase its turnover.
All three divisions contributed to the higher order intake. In sales revenue, both the Advanced Materials division and the Grain Processing division achieved significant growth. On the other hand, the turnover of the Food Processing division slipped slightly due to the delayed market recovery. Overall, sales growth was primarily organically driven.
The group’s global orientation was further strengthened. In geographical terms, Africa, the Americas and Asia developed very encouragingly. On the other hand, turnover in the mature markets of Europe and in Eastern Europe contracted. Asia is now Buhler’s strongest region in terms of volume, demonstrating the increasing significance of this market.
Buhler invested over CHF 80 million in research and development in 2010. Various strategic initiatives systematically trace global, sustainable market trends. The development of new mid-market customer segments contributed substantially to the group’s success. Additionally, the discussion about safe and healthy foods stimulated demand for Buhler technologies.
The order backlog of CHF 1238 million as of the end of 2010 was almost 30 percent above the level of a year ago and provides a solid basis for 2011. Turnover is expected to continue to rise in the current fiscal year. The increasing volatility of the global economy and the intensified competition for natural resources will continue to pose a challenge for Buhler in the coming years while at the same time offering a high potential.