Advertisement

Pet Food News
On February 3, 2013

Bühler Technology Group announces fiscal 2012 results

Order intake increases 5 percent, turnover up 13 percent from fiscal 2011 due to acquisitions

The Bühler Technology Group, a petfood production technologies company, announced its financial results for fiscal 2012, increasing order intake by 5 percent and turnover by 13 percent thanks to acquisitions.

Order intake rose most in the company’s Grain Processing and Food Processing divisions. Geographically, orders in Europe fell 12 percent, while North America’s orders increased 44 percent, orders from China increased 13 percent, and orders from the Middle East/Africa rose 7 percent. For the first time, orders from emerging countries exceed more than 50 percent of Bühler’s total volume.

Sales revenue in fiscal 2012 rose by 13 percent to CHF 2,409 million (US$2.65 billion), and when adjusted for acquisitions, it exceeded the value of fiscal 2011 by 5 percent. The sharpest rise in sales was achieved by the Advanced Materials division (47 percent) and was mainly driven by acquisitions, while the Grain Processing division’s sales grew organically by 7 percent and Food Processing division fell 3 percent below the value in 2011.

The company’s EBIT margin declined to 7.3 percent from fiscal 2011. Net profit in fiscal 2012 of CHF 161 million (US$177.25 million) remained at the same level as in fiscal 2011. For the current fiscal year 2013, Bühler expects sales revenues at the same level as 2012 and a return to a double-digit EBIT margin.

For 2013, Bühler’s turnover is expected to nearly reach the same level as fiscal 2012. Emerging economies will become the company’s main drivers of sales revenue and earnings.

Comments powered by Disqus

Advertisement

Advertisement

Advertisement

Read the April issue of Petfood Industry!

April 2015

The April 2015 issue of Petfood Industry looks at different pet food markets around the world. Read about Sojos, a US company which aims to transform the lives of pets through raw pet food. As these specialized diets become increasingly popular in the dog and cat food markets, learn how such trends are carrying over into bird and small animal food. Plus, see how pet food companies in Russia are reacting and reconsidering production strategies in the wake of rising prices due to exchange rate fluctuations.

READ MORE in Petfood Industry magazine

Advertisement