Bucher Industries : Annual press and analysts’ conference financial year 2023

Annual press and

analysts' conference

1 March 2024

Production capacity less utilised in HY2 of 2023

Performance: net sales

CHFm			CHFm
1'200			4'000
1'000			3'000
800			2'000
600			1'000
400			0
Q1	Q2	Q3	Q4
2022		2023

			3'597	-0.6%	3'575
3'106		3'176
	2'741
		11.1%	11.8%		11.9%
9.2%	7.4%
2019	2020	2021	2022		2023

Net sales		EBIT margin

2	Annual press and analysts' conference 1 March 2024

Demand normalised from its high prior-year level

Performance: order intake, net sales and order book

CHFm
4'500
4'000			3'948	3'858
3'500	3'106		3'176	3'597	3'575
			3'170
3'000		2'837
2'500	3'008
	2'741		2'081
			1'873
2'000				1'600	-23%
1'500		1'081
	1'019
1'000
500
0
	2019	2020	2021	2022	2023

Order book		Net sales		Order intake

3	Annual press and analysts' conference 1 March 2024

Strong business result

Performance: overview

CHFm					Change
	2023	2022	%	%1)	%2)
Order intake	3'170	3'858	-17.8	-14.2	-15.0
Net sales	3'575	3'597	-0.6	3.7	2.8
Order book	1'600	2'081	-23.1	-19.6	-20.2
Operating profit (EBITDA)	510	511	-0.1
% of net sales	14.3%	14.2%
Operating profit (EBIT)	424	425	-0.2
% of net sales	11.9%	11.8%
Average number of FTEs	14'795	14'053	5.3		2.3
Employees at 31 December	14'858	14'876	-0.1		-0.3

1. Adjusted for currency effects
2. Adjusted for currency and acquisition effects

4	Annual press and analysts' conference 1 March 2024

Net sales by region

CHFm

3'106

9%

23%

62%

9.2%

2'741

10%

22%

62%

7.4%

3'176

10%

24%

60%

11.1%

3'597

9%

28%

57%

11.8%

3'575

9%

23%

62%

11.9%

6%

4%

Other

Asia

Americas

Europe

of which Switzerland

EBIT margin

2019

2020

2021

2022

2023

5	Annual press and analysts' conference 1 March 2024

Selected development projects

Kuhn Group	Bucher Emhart Glass	Bucher Specials
Solutions for the automation	Automatisation for highest efficiency	Bucher Unipektin's beer
of farms	for the production of glass containers	dealcoholisation plant
Karl, an autonomous agricultural robot	The "Smart Feeder" uses cameras to	Breweries can produce highly
for work in the fields that takes over	monitor and optimise gob formation	dealcoholised beer with minimal
tillage and seeding right through to	during the production of glass	impact on beer quality and thus also
crop protection.	containers.	serve this market trend.

6	Annual press and analysts' conference 1 March 2024

Strategic investments in growth

Invested capital: capital expenditure

CHFm
160
140				142
125
120
100			97
	85	86	86
84	83
80	72	74
60
4.0%				4.0%
40	2.6%	2.3%	2.7%
20
0
2019	2020	2021	2022	2023

			Capital expenditure (CAPEX)		Depreciation, impairment and amortisation		CAPEX % of net sales
7	Annual press and analysts' conference 1 March 2024

Key investment projects

Kuhn Group

Replacement of the forging press at Kuhn-Huard, France

The new machine increases the forging capacity by 20% while simultaneously reducing energy consumption.

Bucher Hydraulics

Structural renovations at main site in Klettgau, Germany

Shaded car park with photovoltaic system constructed and extension of the office building started.

Bucher Emhart Glass

Expansion of the Johor Bahru site in Malaysia

Expansion of the plant, expected to become operational at the end

of 2024.

8	Annual press and analysts' conference 1 March 2024

CO2 emissions

Non-financial key figures: energy mix and CO2 emissions

Transport fuels 13% of which renewable 3%

District heating 3%

tCO2e
93'317	89'672	81'510

379'660 MWh

On-site fuels 42%	Electricity 42%
of which renewable 2%
of which renewable 35%

		2022
2021			2023

9	Annual press and analysts' conference 1 March 2024

CO2 reduction

Non-financial key figures: CO2 emissions

tCO2e
			Reduction: -8'162 tCO2 (-9%)
89'672
								81'510
		Electricity mix		Efficiency and less activity
2022	Own solar	Renewable	Delivered	Electricity	District	Scope 1	Acquisition	2023
		electricity	grid mix	consumption	heating	emissions	effect
		sourcing

10	Annual press and analysts' conference 1 March 2024