Bucher returns to profit despite weak markets

Newswire

ZURICH, Aug 19 (Reuters) - Bucher Industries AG returned to profit in the first half as restructuring measures offset the effect of weak end-markets and fierce competition, the Swiss machinery maker said on Tuesday. Bucher posted net profit of 14.2 million Swiss francs ($10.3 million) compared to a loss of 18.0 million in the year-ago period. EBIT operating profit rose to 31 million francs from six million a year earlier. First-half sales rose two percent to 780 million francs but ...

Premium Content (PAID Subscription Required)

"Bucher returns to profit despite weak markets" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×