BBM 74 - March 2024

BBM • MARCH - MART 2024 24 NEWS HABER At Group level and in Swiss Francs, Bühler performed well with a slightly increased turnover of CHF 3.0 billion (+1.0%). Order intake was CHF 3.2 billion (-3.8%) and the order book remained high at CHF 2.0 billion. EBIT rose by 8.9% to CHF 216 million with a corresponding EBIT margin of 7.2% (prior year: 6.7%). Net profit increased by 16.3% to CHF 179 million (prior year: CHF 154 million), corresponding with a margin of 5.9% (prior year: 5.2%). The impact of foreign exchange rates was significant. In local currencies, orders improved by 2% to CHF 3.3 billion, turnover by 7% to CHF 3.2 billion, and EBIT by 17% to CHF 233 million. In 2023, Bühler continued to strengthen its financial position, increasing the equity ratio to 51.1% (prior year: 49.8%). In a challenging business environment, Grains & Food performed solidly. Turnover fell by 3.1% to CHF 2,204 mil- lion, while order intake was down 0.7% to CHF 2,357 million. In local currencies, turnover increased by 2.2% and order intake grew by 4.8%. The global demand to improve food security was a key driver for the Milling Solutions and Grain Quality & Supply business areas. Milling Solutions, the larg- est business area of Bühler, benefited from a global catch- up demand for large milling projects for grain processing, including numerous greenfield installations. Bühler improves profitability in 2023 In 2023, Bühler successfully navigated a complex and vola- tile global landscape and increased its profitability. The eq- uity ratio also further improved. As an innovative solution provider, the company benefited from many opportunities and gained market share from transitions in its key markets. Bühler 2023’te karlılığını artırdı Bühler, 2023 yılında karmaşık ve değişken bir küresel ortamda başarılı bir şekilde ilerleyerek kârlılığını artırdı. Özkaynak oranı da daha da iyileşti. Şirket, yenilikçi bir çözüm sağlayıcı olarak birçok fırsattan yararlandı ve kilit pazarlarındaki geçişlerden pazar payı kazandı. Bühler, Grup düzeyinde ve İsviçre Frangı cinsinden 3,0 milyar İsviçre Frangı (+%1,0) ciro artışıyla iyi bir performans sergiledi. Sipariş alımı 3,2 milyar CHF (-%3,8) olarak gerçekleşti ve sipariş defteri 2,0 milyar CHF ile yüksek seviyesini korudu. Faaliyet kârı %8,9 artışla 216 milyon CHF’ye yükselirken, faaliyet kârı marjı %7,2 olarak gerçekleşti (önceki yıl: %6,7). Net kâr %16,3 artışla 179 milyon İsviçre Frangı (önceki yıl: 154 milyon İsviçre Frangı) olurken, marj %5,9 (önceki yıl: %5,2) olarak gerçekleşti. Döviz kurlarının etkisi önemli oldu. Yerel para birimleri cinsinden si- parişler %2 artışla 3,3 milyar CHF’ye, ciro %7 artışla 3,2 milyar CHF’ye ve FVÖK %17 artışla 233 milyon CHF’ye ulaştı. Bühler, 2023 yılında finansal pozisyonunu güçlendirmeye devam ede- rek özkaynak oranını %51,1’e (önceki yıl: %49,8) yükseltti. Tahıl ve Gıda, zorlu bir iş ortamında sağlam bir performans sergiledi. Ciro %3,1 düşüşle 2.204 milyon CHF’ye gerilerken, sipariş alımı %0,7 düşüşle 2.357 milyon CHF’ye indi. Yerel para birimlerinde ise ciro %2,2 ve sipariş alımı %4,8 oranında arttı. Gıda güvenliğini artırmaya yönelik küresel talep, Değirmenci- lik Çözümleri ve Tahıl Kalitesi ve Tedariki iş alanları için önemli bir itici güç oldu. Bühler’in en büyük iş alanı olan Değirmen Çözümleri, çok sayıda sıfırdan kurulum da dahil olmak üzere tahıl işlemeye yönelik büyük değirmen projelerine yönelik kü- resel talepten yararlandı. Bühler Annual Report 2023 REGIONAL PERFORMANCE Bühler has systematically localized its resources and offers manufacturing sites, service stations, sales offices, R&D facilities, and Application & Training Centers across 140 countries. ³Bühler adopted anew regional struc- tureon January1,2023, to increase focusonmarkets inAsia.TheGreater China region and theSouthEastAsia regionwere established. ²BühlerhasApplication&Training Centers in25 locations around the world, someofwhich cover multiple industrial applications. ¹FTE (= full-time equivalent) Highlights TheSouth EastAsia region achieved a remarkable recovery following several challenging years. Thiswas thanks to a steadfast commitment to stay close to customers, despite adversities. The abil- ity to adapt and innovate collaboratively proved instrumental in navigating the dy- namic landscape. The collaborative spirit led to strategic initiatives that propelled the business, and flexibility allowed it to pivot swiftly in response to evolving market conditions. This adaptability became a cornerstone of the business’s operational resilience, enabling it to seize emerging opportunities and navigate challengeswith agility. 27 23 16 9 13 13 17 1 3 12 2 6 3 4 EUR sales offices Service stations Manuf sites App Centers SEA GCR MAI SAM 26 3 32 3 15 3 SOUTH EAST ASIA 3 Sales offices Service stations Manufacturing sites Application centers² Highlights Businesswas influenced by development in the economy and industry.New-ener- gy vehicles and the solar industry drove the outperformance ofDieCasting and LeyboldOptics.Upgrades in the liquor industry relied onBühler’s innovative solutions.Demand forBühler’s highly efficient ship loading and unloading solutions surged thanks to investments in infrastructure. The recovery of the fast-moving consumer goodsmarket and the boom in the coffee industry contributed to superior results in that sector.While flourmilling and animal feed slowed, the shift to high quality could be seen in the success ofBühler’s smart flour and feedmill. 27 23 16 9 13 13 17 1 3 12 2 6 3 4 EUR sales offices Service stations Manuf sites App Centers SEA GCR MAI SAM 26 3 32 3 15 3 3 GREATER CHINA REGION 3 Sales offices Service stations Manufacturing sites Application centers² Highlights Despite persistent high inflation, con- flicts, and an overall stagnant economy, theCustomerService business grew and developedwell in Europe. In contrast, order intake in new plant business and overallwas lower as customers post- poned bigger investment decisions. The businessmanaged to evolve under the new circumstances by streamlining the organization, stepping upCustomerSer- vice to a new level, and by transforming into an omnichannel sales organization encompassingDirectSales, InsideSales, ChannelPartners, andDigitalPlatforms. 27 23 16 9 13 13 17 1 3 12 2 6 3 4 EUR sales offices Service stations Manuf sites App Centers SEA GCR MAI SA 26 3 32 3 15 3 EUROPE Sales offices Manufacturing sites Application centers² Service stations SOUTH AMERICA Highlights InSouthAmerica,businessdevelopment mirrored thedevelopmentof the econ- omy. InBrazil,businessperformance was very strong inChocolate,Consumer Foods,MillingSolutions, andOilPrepa- ration.CustomerServicegrew, especially in retrofitting.An importantbreakthrough was the first outcome-based contract for milling, reflecting a change ofmindset in theBrazilianmarket. InVenezuela,which is recovering from a long recession, investmentswere generatedmainly in staple foodbusinesses. InArgentina, Colombia,Peru, andEcuador thepolitical situation affected the localbusinesses. CustomerService supported the results inBogotá. NORTH AMERICA Highlights InNorthAmerica,Bühler continued its growth across awide range ofmarkets with sales recordsbeing set inCanada and in thebusiness areas LeyboldOp- tics,DieCasting, andMillingSolutions. The company continued todevelop and engagewith the food ecosystem in the regiondeepening its involvementwith keyplayers such asNorthCarolina Food Innovation Lab.Theongoinggrowth in service options for customers resulted in a solid foundation acrossService Level Agreements. In2024, adeeper levelof relationshipmanagementwill ensure that thebest ofBühler isprovided for our customers andpartners. Sales offices Service stations Manufacturing sites Application centers² 12 2 6 3 6 4 7 4 MAI SAM NAM 26 3 32 3 6 3 13 13 17 1 3 12 2 6 3 6 4 4 7 4 SEA GCR MAI SAM NAM 26 3 32 3 15 3 6 3 Sales offices Service stations Manufacturing sites Application centers² Highlights Considering the dynamic political and economic landscape of theMiddle East, Africa, and India,Bühler successfully navigated a challenging year.A number of significant projectswere secured. Growth in theConsumer Foods busi- ness areawas noteworthy.A strategic milestonewas the launch of locally manufactured equipment atBühler India. Targeted initiatives resulted in the reactivation of 990 customers. Training collaborationswithAlva’s Education Foundation inBengaluru, India and the Institut de Formation de l’Industrie Meunière inCasablanca,Morocco underscoredBühler’s commitment to innovation and education. 27 23 16 9 13 13 17 1 3 12 2 6 3 6 4 4 7 4 EUR sales offices Service stations Manuf sites App Centers SEA GCR MAI SAM NAM 26 3 32 3 15 3 6 3 MIDDLE EAST AFRICA & INDIA Sales offices Service stations Manufacturing sites Application centers² TotalnumberofBühler sites across theworld in2023: 91 sales offices 105 service stations 30manufacturing sites 25Application & TrainingCenters² = 2023 turnover share by region = Total 12,485 employees¹ in 2023 compared to 12,737 in 2022 22% Turnover 930 (+0.5%) Employees ¹ 7% Turnover 568 (+1.9%) Employees ¹ 16% Turnover 1,243 (+6.9%) Employees ¹ 28% Turnover 6,197 (-0.8%) Employees ¹ 17% Turnover 3,042 Employees ¹ 10% Turnover 504 Employees ¹