Buhler Technology Group
announced its fiscal 2011 results, earning sales of CHF 2.131 billion (US$2.35
billion) and growth of nearly 12 percent.
The petfood
production technologies company increased order intake by more than 3
percent to CHF 2.233 billion (US$2.46 billion) as a result of the company’s
strong presence in emerging markets. The company’s earnings before interest and
tax increased more than 7 percent to CHF 218 million (US$240.1 million) and net
profits increased 3 percent to CHF 163 million (US$179.52 million). Adjusted for
exchange rates, Buhler’s two food divisions increased sales volumes by about 20
percent.
During 2011, Buhler’s spending on research and development was CHF 89 million
(US$98.02 million), 4.2 percent of sales, with a focus on nutrition, safe foods
and energy efficiency. For current fiscal 2012, the Executive Board expects a moderate increase in volumes due to the uncertain economic situation.
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