Bühler sees strong performance in 2011
Jan. 23, 2012
by World Grain Staff
UZWIL, SWITZERLAND — The Bühler Technology Group performed well once again in 2011, with an order intake of CHF 2.23 billion, the company announced on Jan. 17.
This translates into organic growth of 9% in local currencies. Sales (turnover) in local currencies rose by an even stronger 17% to CHF 2.13 billion.
The Advanced Materials and Grain Processing divisions were able to significantly grow their new order intake in local currencies (+35% and +11% respectively), while the Food Processing division was largely able to maintain its level of new orders, Bühler said. The increase is primarily due to Asia, but Europe and South American also developed well.
Advanced Materials also reported the strongest turnover growth (+35% in local currencies) thanks to the positive development of the automotive industry. The Grain Processing and Food Processing divisions also succeeded in gaining new market share, up by 18% each in local currencies.