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Bucher Industries nine-month sales fall 2.8% as Emhart Glass revenue drops sharply

Bucher Industries reported nine-month 2026 sales of CHF 2.10bn, 2.8% lower year on year, with order intake down 1.4% to CHF 2.03bn and the order backlog down 1.8% to CHF 1.04bn. Glass container machinery division Emhart Glass posted a marked revenue fall after weak earlier orders and no large projects, and Kuhn farm machinery was hit by weak farmer investment, while Hydraulics grew. Bucher kept its guidance for slightly lower comparable 2026 sales and an operating margin below 2025.

Why this mattersEmhart's revenue drop for want of large projects points to restrained investment in forming equipment by container-glass makers.

  • Nine-month 2026 sales CHF 2.10bn, down 2.8% year on year
  • Order intake fell 1.4% to CHF 2.03bn; order backlog fell 1.8% to CHF 1.04bn
  • Emhart Glass revenue fell markedly on low orders in earlier periods and no large projects
  • Kuhn Group was hit by weak farmer investment, drought in Europe and higher operating and financing costs
  • Bucher Hydraulics demand rose; Bucher Municipal order intake rose while its revenue fell
  • 2026 guidance unchanged: slightly lower comparable sales and an operating margin below 2025, excluding a CHF 43m 2025 property gain
Bucher Industries
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-11-02 · Edited before publication: The source names both Kuhn (agriculture) and Emhart Glass as drags; the decline cannot be attributed to Emhart alone. Municipal had higher order intake but lower revenue, not 'improved demand'. 'Glass container packers' is the wrong customer group. Themes adjusted.