Bucher Q3 Report 2023

Overall, demand remained at a good level during the reporting period, but momentum weakened in the last few months. The increasing economic uncertainties were particularly noticeable in the agricultural machinery market. Kuhn Group, Bucher Municipal and Bucher Hydraulics each reported a downward trend in their order intake. Bucher Emhart Glass and Bucher Specials, on the other hand, each recorded growth in their orders. Sales increased overall due to the price increases introduced during the previous year, despite negative currency effects and a decline in the third quarter. The order book normalised while remaining high with a range of more than five months. Production planning was adjusted to the lower volumes on a case-by-case basis.