Also sales and operating result (EBIT) continued to grow.
The anniversary year will be known as one of the best in Buhler’s history. With CHF 2,160 million (€1,656m) or 21% more than a year ago, the order intake passed the mark of two billion Swiss francs, although the first quarter was still characterized by the turmoil in the global economy.
All three divisions contributed to the growth. The greatest leap of 48% was achieved by Advanced Materials, followed by Food Processing (+27%) and Grain Processing (+15%).
This pronounced increase in order intake was especially due to the emerging markets in Asia (+39%), North and South America (+19%), and the Middle East (+96%).
Thus, business is now spread evenly across the four main regions – Europe, Middle East/Africa, Asia, and North and South America.
A perceptible improvement was also achieved in sales growing 11% to CHF 1,907 million (+13% on a currency adjusted basis). The operating result (EBIT) was exceeding sales growth.
Further details on the annual report 2010 of Bühler
will be presented in Uzwil on March 24.