BRIEF

on Bucher Industries AG (isin : CH0002432174)

Third Quarter 2026: Demand Stabilization at Bucher Industries

Bucher Industries announced stable demand in the third quarter of 2026, driven largely by sectors beyond agriculture. Despite challenging conditions, order intake and sales matched the figures from the previous year. The company's continued focus on cost-saving measures and its strong financial footing are seen as key stabilizers in this environment.

Agricultural segment Kuhn Group faced hurdles, especially in Europe, due to drought and elevated costs, impacting order intake. Meanwhile, Bucher Municipal saw robust demand for maintenance equipment. Bucher Hydraulics recorded increased sales, particularly for construction machinery solutions. Signs of recovery were noted at Bucher Emhart Glass, but sales significantly declined due to low previous orders.

As a result, overall group sales are expected to slightly decline, with operating profit margins below the prior year. The strategic choice of local production and customer proximity supports the group's resilience.

R. P.

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