January 31, 2019 / 5:34 AM / 21 days ago

BRIEF-Bucher Industries FY 2018 Net Sales At CHF 3.06 Bln

Jan 31 (Reuters) - BUCHER INDUSTRIES AG:

* FY 2018 ORDER INTAKE CHF 3.21 BILLION VERSUS CHF 2.871 BILLION

* GROUP IS FORECASTING THAT MARKET ENVIRONMENT WILL REMAIN POSITIVE IN 2019, WITH A DECREASING GROWTH MOMENTUM

* FY 2018 NET SALES CHF 3,0652 MILLION VERSUS CHF 2,647 MILLION

* KUHN GROUP IS ANTICIPATING THAT MARKET DEVELOPMENT WILL BE FLAT OVERALL IN 2019

* KUHN GROUP EXPECTS THAT SALES FOR CURRENT BUSINESS YEAR WILL BE IN LINE WITH 2018

* KUHN GROUP EXPECTS OPERATING PROFIT MARGIN SHOULD INCREASE SLIGHTLY IN 2019

* AT BUCHER MUNICIPAL, THERE ARE NUMBER OF UNCERTAINTIES, ESPECIALLY IN IMPORTANT EUROPEAN MARKET, IN PARTICULAR AS REGARDS BREXIT

* BUCHER MUNICIPAL ANTICIPATES THAT FOR 2019, THERE WILL BE A MODEST DECLINE IN SALES COMPARED TO RECORD HIGH OF 2018

* BUCHER MUNICIPAL OPERATING PROFIT MARGIN WILL PROBABLY DECLINE SLIGHTLY IN 2019

* BUCHER HYDRAULICS EXPECTS THAT DEMAND WILL CONTINUE TO FLATTEN IN 2019

* BUCHER HYDRAULICS FORECASTING A MODEST INCREASE IN SALES FOR CURRENT YEAR

* GROUP’S SALES AND PROFIT FOR YEAR SHOULD BE IN LINE WITH GOOD BUSINESS YEAR 2018 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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