15/02/2023 | Technology

Bühler reports profitable growth in 2022

In 2022, Bühler expanded its business and improved profitability in an uncertain and volatile business environment. The company was able to mitigate effects of the war in Ukraine, tense supply chains, and soaring energy and raw material prices, while further improving its financial position with a high equity ratio. The company continued to invest in innovation, new partnerships, and education and training.

With numerous opportunities in its markets and a high order backlog of over CHF 2.1 bn, the company’s ambition is to continue its positive development in 2023. At the group level, order intake rose 8.7 % to CHF 3.3 bn, and order backlog was robust at CHF 2.1 bn. Turnover increased by 10.3 % to CHF 3.0 bn. Ebit improved by 36.0 % to CHF 199 m, reflecting an Ebit margin of 6.7 % (prior year: 5.4 %). Net profit went up 35.7 % to CHF 154 m (prior year: CHF 113 m). With these results, Bühler has largely managed to reach pre-pandemic business levels.

The Consumer Foods business continued its recovery with strong order intake growth of 21.6 % to CHF 710 m and turnover growth of 13.6 % to CHF 578 m. The Grains & Food business, Bühler’s largest business, showed solid performance. The segment saw order intake in 2022 of CHF 1,663 m, down 6.5 %, while turnover grew by 2.6 % to CHF 1,696 m, and with this managed to keep business very stable throughout the Covid-19 pandemic.