Bühler earned $2.46 billion last year “a healthy performance” up 3% for the year, according to the company. Revenue declined 4% in 2015.
“Profitability remained stable at 7.1% (EBIT margin) and R&D investments were significantly increased,” says c.e.o. Stefan Scheiber. Swiss-based firms experienced a severe Euro/Swiss franc currency shift last year. “In this context, we can be satisfied with these results,” he said.
New regional applications centers were established in North America, and the buildup of a new production site in China is ongoing, he said. In Switzerland, the company launched a modernization program. Citing a strong order backlog, Scheiber reports “Bühler has a positive outlook for 2017.”