Bucher Industries AG (BUCN.SW) on Tuesday reported lower sales in the third quarter, while order intake increased from last year.
Looking ahead for 2025, the firm expects slightly lower sales on a comparable basis.
Also,Bucher Industries expects a lower operating profit margin for 2025 compared to the prior year due to the low capacity utilisation in the USA. This excludes the effect of profit of 43 million Francs from the sale of a property not required for operations included in the Group's operating profit of 2025.
For the three months ended, the net sales declined to 627 million francs from 696 million francs a year ago.
However,The order intake increased to 773 million francs from 726 million francs in the prior year.
For the nine month period ended, the firm reported the order intake increased 7.3% to 2.06 billion Francs from 1.96 billion Francs a year ago.
For the same period, net sales however declined 8.6% to 2.16 billion Francs from 2.42 billion Francs in the prior year.
In the Swiss Market, the shares had closed at 0.13 % lower at 379 Francs.
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