Bucher Industries Ag · SIX:BUCN
Bucher Industries — Investor Presentation (October 2015)
76 slides from Bucher Industries's investor presentation, October 2015
Slide 1: Group presentation
Group presentation
Slide 2: Bucher – since 1807
Bucher – since 1807 2014 business year Kuhn Group Bucher Municipal Bucher Hydraulics Bucher Emhart Glass Bucher Specials Agricultural machinery Municipal vehicles Hydraulic systems Glass container industry Individual businesses • Tillage • Compact and truck- • Mobile and industrial • Glass-forming •
Slide 3: Number 1 market positions
Number 1 market positions Kuhn Group worldwide in forage harvesting machinery and feed mixers Bucher Municipal in Europe in sweepers Bucher Hydraulics in Europe in special segments of mobile hydraulics Bucher Emhart Glass worldwide in glass container manufacturing equipment Bucher Specials worldwide
Slide 4: Main manufacturing sites worldwide
Main manufacturing sites worldwide Total 5 continents 42 sites October 2015 - Group presentation 4
Slide 5: Group strategy
Group strategy • Increase in company value (RONOA > WACC) • Diversified group focused on mechanical and vehicle engineering • Strengthening of existing operating segments – Continuous product innovation – Operational efficiency with flexible structures – Internal growth and targeted acquisitions • D
Slide 6: Medium-term earnings targets
Medium-term earnings targets EBIT-Marge 2010 2011 2012 2013 2014 targets Kuhn Group 9.2 11.3 12.5 14.9 12.1 12 Bucher Municipal 7.3 7.0 9.3 8.6 7.7 8 Bucher Hydraulics 9.9 8.7 9.0 9.4 10.2 11 Bucher Emhart Glass 1.21) 4.5 0.31) 4.8 3.9 9 Bucher Specials 4.6 6.1 8.1 10.0 8.9 10 Bucher Industries 7.4
Slide 7: Group at a glance, 2014
Group at a glance, 2014 • Downturn in market environment – Falling cereal prices result in marked decline in demand for agricultural machinery, particularly in the arable segment; livestock farming continues to develop positively – Market for municipal vehicles remains stable at a low level; weaker
Slide 8: Group at a glance, 2014 (continued)
Group at a glance, 2014 (continued) • Continuing improvement of infrastructure thanks to high investment – CHF 116 million for organic growth – CHF 66 million for acquisition of Kuhn-Montana – manufacturer of self-propelled crop sprayers in Brazil – Equity holding in Jetter AG, Germany, increased to
Slide 9: Net sales by division 2014 / 2013
Net sales by division 2014 / 2013 2014: CHF 2 806 million 2013: CHF 2 691 million Kuhn Group 45% Kuhn Group 48% Bucher Municipal 15% Bucher Municipal 14% Bucher Hydraulics 17% Bucher Hydraulics 17% Bucher Emhart Glass 14% Bucher Emhart Glass 13% Bucher Specials 11% Bucher Specials 8% October 2015 -
Slide 10: Net sales by region 2014 / 2013
Net sales by region 2014 / 2013 2014: CHF 2 806 million 2013: CHF 2 691 million Europe 56% Europe 57% Switzerland 5% Switzerland 5% Americas 27% Americas 24% Asia 8% Asia 9% Other 4% Other 5% October 2015 - Group presentation 10
Slide 11: Number of employees by region 2014 / 2013
Number of employees by region 2014 / 2013 2014: 11 631 employees1) 2013: 10 788 employees1) Europe 52% Europe 55% Switzerland 9% Switzerland 9% Americas 24% Americas 21% Asia 12% Asia 12% Other 3% Other 3% 1) Expressed in full time equivalents October 2015 - Group presentation 11
Slide 12: Key figures
Key figures CHF million Change in 2014 2013 % %1) %2) Order Intake 2 742 2 718 0.9 2.3 - 0.4 Net sales 2 806 2 691 4.3 5.8 2.7 Order book 789 850 - 7.2 - 6.2 - 6.4 Operating profit (EBITDA) 350 371 - 5.7 as % of net sales 12.5 13.8 Operating profit (EBIT) 257 287 - 10.4 as % of net sales 9.2 10.7 Pr
Slide 13: Investing in the future
Investing in the future CHF million 2014 2013 Change in % Research and development costs 102 91 13 Capital expenditure 116 137 -15 Acquisitions 69 63 10 October 2015 - Group presentation 13
Slide 14: Results by division
Results by division CHF million 2014 2013 EBIT EBIT margin EBIT EBIT margin Kuhn Group 153 12.1% 191 14.9% Bucher Municipal 32 7.7% 33 8.6% Bucher Hydraulics 49 10.2% 42 9.4% Bucher Emhart Glass 15 3.9% 17 4.8% Bucher Specials 27 8.9% 24 10.0% Other/consolidation -19 -20 Bucher Industries 257 9.2% 2
Slide 15: Net sales and number of employees
Net sales and number of employees CHF m Employees1) 3000 2789 2806 15000 2691 2609 2459 2500 2336 12500 2087 2142 2034 1948 11631 2000 10788 10000 10383 9380 1500 8176 7500 7261 7618 7639 6836 6882 1000 5000 500 2500 0 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Net sales Average number of e
Slide 16: Net sales and results
Net sales and results CHF m net sales CHF m results 3000 2789 2806 450 2609 2691 2459 2500 2336 375 2087 2142 1948 2034 371 350 2000 342 300 307 286 287 1500 185 246 260 257 225 166 229 224 232 1000 124 190 190 196 190 150 118 171 151 156 145 127 500 96 26 98 75 86 0 0 -24 -500 -75 2005 2006 2007 20
Slide 17: Net operating assets (NOA) and RONOA after tax
Net operating assets (NOA) und RONOA after tax CHF m % 1400 70 1200 1268 60 52.0 1000 1061 50 1114 41.8 970 800 891 45.2 40 849 828 27.9 31.9 39.4 29.1 29.0 37.2 600 687 35.4 30 605 567 18.5 19.3 400 23.8 17.0 17.0 15.8 20 14.8 14.3 12.4 200 10 1.5 0 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 20
Slide 18: Shareholders' equity and return on equity
Shareholders’ equity and return on equity CHF m % 1400 70 1200 60 1202 1000 50 1074 800 873 890 40 846 793 814 600 725 30 639 21.4 748 20.0 16.9 16.3 18.3 16.7 400 14.8 14.0 20 12.7 200 10 0 0 -3.0 -200 -10 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Shareholder's equity Return on equity Impai
Slide 19: Operating free cash flow and investments
Operating free cash flow and investments Cash flow from operating activities CHF m 300 260 239 250 224 58 56 200 200 166 172 163 154 95 132 150 113 53 103 117 109 123 202 100 51 183 118 105 101 92 50 62 55 54 43 -15 0 -50 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Operating free cash flow Inv
Slide 20: Net cash/debt and free cash flow
Net cash/debt and free cash flow CHF m 250 181 200 173 164 150 62 100 104 62 69 50 19 0 -19 0 2 1 1 -72 -85 -50 -111 -118 -75 -66 -100 -150 -200 -223 -250 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Net cash/debt Free cash flow October 2015 - Group presentation 20
Slide 21: Total assets and equity
Total assets and equity CHF m 3000 2605 2436 2500 2248 2259 2130 2125 2068 1985 1840 2000 1675 1500 1202 1074 873 846 890 1000 793 814 725 748 639 500 38% 39% 41% 41% 37% 38% 36% 39% 44% 46% 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Total assets Equity October 2015 - Group presentation 21
Slide 22: Shareholders' equity / Intangible assets
Shareholders’ equity / Intangible assets CHF m 1400 1202 1200 1074 1000 873 890 846 793 814 725 748 800 639 600 400 253 165 174 159 181 131 135 200 133 79 62 79 89 75 73 80 47 45 61 60 53 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Shareholders' equity Intangible assets thereof goodwill Octo
Slide 23: Group outlook for 2015
Group outlook for 2015 • No significant improvement in the economic environment • The Group is expecting sales and operating profit in terms of local currencies to decrease year on year. – Kuhn Group expects a decline in sales and lower profitability – Bucher Municipal is reckoning with lower sales
Slide 24: Kuhn Group: Specialised agricultural machinery
Kuhn Group Specialised agricultural machinery Ploughing Tillage Seeding Fertilisation Manure spreaders Spraying Hay and forage Feed storage Bedding and Landscape harvesting feeding maintenance October 2015 - Group presentation 24
Slide 25: Kuhn Group: Net sales and EBIT
Kuhn Group Net sales and EBIT CHF m CHF m 1500 250 1286 1262 1222 1200 1106 200 1026 929 948 191 851 900 778 779 150 153 153 137 600 116 100 108 78 300 65 71 71 50 0 0 1) 2) 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Net sales EBIT 1) Before restructuring costs 2) Before impairment charges Oc
Slide 26: Kuhn Group: Net sales by region 2014 / 2013
Kuhn Group Net sales by region 2014 / 2013 2014: CHF 1 262 million 2013: CHF 1 286 million Europe 58% Europe 62% Americas 37% Americas 32% Asia 3% Asia 4% Other 2% Other 2% October 2015 - Group presentation 26
Slide 27: Kuhn Group: Number of employees 2014 / 2013
Kuhn Group Number of employees 2014 / 2013 2014: 5 227 employees1) 2013: 4 754 employees1) France 48% France 54% North America 19% North America 21% Brazil 20% Brazil 11% Netherlands 8% Netherlands 8% Other 5% Other 6% 1) Expressed in full time equivalents October 2015 - Group presentation 27
Slide 28: Kuhn Group: Market position
Kuhn Group Market position • World’s leading manufacturer of specialised tractor-related agricultural machinery under one brand • Use of several distribution networks reduces dependence and increases potential for high market share • Broad customer base and independence from large customers • Specia
Slide 29: Kuhn Group: Complete product range under one brand
Kuhn Group Complete product range under one brand Competitors Hay and forage Hedge Feed Tillage equipment Seeders Sprea- Spray- Trac- Harvesters mow- tedders rakes balers cutters mixers driven non-driven drilling precision ders ers tors selfpropelled ers Kuhn Group John Deere CNH AGCO Claas Renault
Slide 30: Kuhn Group: World farm equipment market
Kuhn Group World farm equipment market Market in % Farm tractors 29 Harvesting machinery 16 Hay and forage 6 machinery Tillage 6 Planting and seeding, 10 crop protection, fertilizing machinery Other farm equipment 33 machinery, attach- ments and parts October 2015 - Group presentation 30
Slide 31: Kuhn Group: World regional farm equipment market
Kuhn Group World regional farm equipment market Europe 29% Central- and Eastern Europe 3% North America 28% Central- and South America 8% China 19% India 6% Japan 2% Africa and Middle East 3% Other 2% October 2015 - Group presentation 31
Slide 32: Kuhn Group: 2014 highlights
Kuhn Group 2014 highlights • Varying market trend – Negative impact on demand for agricultural machinery due to steep fall in cereal prices – Despite decrease in milk prices, dairy farmers’ willingness to invest remains stable – Livestock farming remains buoyant, particularly in North America • End
Slide 33: Kuhn Group: Outlook for 2015
Kuhn Group Outlook for 2015 • Long-term outlook: positive and unchanged • After several years of strong growth, the agricultural cycle is weakening – Arable farming is in sharp decline as a result of falling cereal prices – Milk and meat producers decline less • Regional variations in market trends
Slide 34: Bucher Municipal: Sweepers and winter maintenance equipment
Bucher Municipal Sweepers and winter maintenance equipment Compact sweepers Truck-mounted sweepers Spreaders Refuse collection vehicles October 2015 - Group presentation 34
Slide 35: Bucher Municipal: Net sales and EBIT
Bucher Municipal Net sales and EBIT CHF m CHF m 600 60 512 475 491 500 50 424 419 379 387 373 380 383 400 40 39 39 300 34 33 30 32 26 27 27 200 25 20 100 15 10 0 0 1) 2) 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Net sales EBIT 1) Before impairment charges 2) Before restructuring costs Octobe
Slide 36: Bucher Municipal: Net sales by region 2014 / 2013
Bucher Municipal Net sales by region 2014 / 2013 2014: CHF 419 million 2013: CHF 383 million Europe 67% Europe 62% Switzerland 4% Switzerland 5% Australia 17% Australia 23% Asia 5% Asia 5% Americas 5% Americas 4% Other 2% Other 1% October 2015 - Group presentation 36
Slide 37: Bucher Municipal: Number of employees 2014 / 2013
Bucher Municipal Number of employees 2014 / 2013 2014: 1 582 employees1) 2013: 1 488 employees1) UK 30% UK 31% Australia 15% Australia 17% Latvia 14% Switzerland 14% Switzerland 13% Latvia 12% Italy 9% Italy 9% Germany 6% Germany 6% Denmark 6% Denmark 5% Other 7% 1) Expressed in full time equivalent
Slide 38: Bucher Municipal: Market position
Bucher Municipal Market position • Market leader in Europe and Australia • Market shares: Europe Australia – Compact sweepers: 22% 48% – Truck-mounted sweepers: 56% 77% – Refuse collection vehicles: --- 50% – Winter maintenance equipment: 28% --- • Complete product line for municipal applications in
Slide 39: Bucher Municipal: Complete product range
Bucher Municipal Complete product range Competitors Sweepers Specialised Spreaders range 1m3 2m3 4m3 5m3 6m3 8m3 mounted towed Bucher Municipal Aebi-Schmidt (DE) Boschung (CH) Hako (DE) Faun (DE) Fayat Group (FR) * Elgin (USA) Dulevo (DE) Brock (DE) Tennant (USA) Epoke (DK) Acometis (FR) * Ravo, Sca
Slide 40: Bucher Municipal: 2014 highlights
Bucher Municipal 2014 highlights • Overall stable demand on a low level in Europe – Several consecutive mild winters weaken demand in winter maintenance business – Maintenance of market share in established regions, increases in Russia • In March 2014, major order worth CHF 53 million from city of M
Slide 41: Bucher Municipal: Outlook for 2015
Bucher Municipal Outlook for 2015 • Demand in Europe and Australia continuing to stagnate – Stable market for sweepers, weakening refuse collection vehicles – Flat winter maintenance equipment business in Europe • The new range of products can provide momentum • Measures to mitigate the currency eff
Slide 42: Bucher Hydraulics: Customised drive systems
Bucher Hydraulics Customised drive systems Agricultural Mining / Energy Industry Municipal Lift gates machinery tunnelling technology vehicles Construction Materials Marine/offshore Elevator High-voltage Dyna-Lift equipment handling technology switch gear October 2015 - Group presentation 42
Slide 43: Bucher Hydraulics: Net sales and EBIT
Bucher Hydraulics Net sales and EBIT CHF m CHF m 497 500 475 75 453 399 407 387 400 371 60 59 320 308 56 300 269 49 45 42 39 37 200 35 36 30 27 100 15 14 0 0 2005 2006 2007 2008 1) 2009 1) 2010 2011 2012 2013 2014 Net sales EBIT 1) Before impairment charges October 2015 - Group presentation 43
Slide 44: Bucher Hydraulics: Net sales by region 2014 / 2013
Bucher Hydraulics Net sales by region 2014 / 2013 2014: CHF 475 million 2013: CHF 453 million Europe 62% Europe 64% Switzerland 4% Switzerland 4% Americas 27% Americas 25% Other 7% Other 7% October 2015 - Group presentation 44
Slide 45: Bucher Hydraulics: Number of employees 2014 / 2013
Bucher Hydraulics Number of employees 2014 / 2013 2014: 2 026 employees1) 2013: 1 939 employees1) Germany 38% Germany 39% Switzerland 22% Switzerland 23% North America 19% North America 16% Italy 9% Italy 9% Asia 8% Asia 8% Brazil 3% Brazil 3% Other 1% 1) Expressed in full time equivalents Other 2%
Slide 46: Bucher Hydraulics: Market position
Bucher Hydraulics Market position • Leading specialist in mobile, industrial and elevator hydraulics across Europe • Presence built up in the USA and Brazil • Market share: 10% to 20% across Europe in specialised areas of hydraulic engineering • Focus on customised drive solutions • Main competitors
Slide 47: Bucher Hydraulics: Complete product range
Bucher Hydraulics Complete product range Pumps Valves Motors & Accessories Power cylinders packs Competitors Pis- Vane Gear Indu- Ser- Direc- Car- Mani- Spe- Gear Pis- Cylin- Elec- Accu- Fil- Other Com- Con- ton strial vo tional- tridge folds cial ton ders tro- mulat- ters pact trac- (Cetop) spool n
Slide 48: Bucher Hydraulics: Market situation
Bucher Hydraulics Hydraulics market situation Comparison of Bucher Hydraulics with VDMA Ölhydraulik (approx. 40 competitors) 40% 36% 29% Annual sales growth / decline 30% 26% 24% 20% 16% 14% 10% 8% 7% 5% 2% -4% -1% -9% 1% 0% -10% -20% -30% -40% -37% -43% -50% 06/07 07/08 08/09 09/10 10/11 11/12 12/1
Slide 49: Bucher Hydraulics: 2014 highlights
Bucher Hydraulics 2014 highlights • Varied market trends – Western Europe: positive in first half, weakening in second half; recovery in construction machinery, materials handling and industrial hydraulics – North America: continuing brisk demand, beginning of local series production in 2014 for glo
Slide 50: Bucher Hydraulics: Outlook for 2015
Bucher Hydraulics Outlook for 2015 • Business development in local currencies at a stable level overall – Europe: stable demand – North America: brisk demand and momentum from major serial orders continuing – China and Brazil: affected by sharp downturn – Materials handling and industrial hydraulics
Slide 51: Bucher Emhart Glass: Glass container manufacturing equipment
Bucher Emhart Glass Glass container manufacturing equipment Gob forming Glass-forming machine Ware handling Inspection Furnace Forehearth Gob forming Palletizing Forming machine Lehr Lehr Inspection Ware handling Glass container manufacturing process October 2015 - Group presentation 51
Slide 52: Bucher Emhart Glass: Net sales and EBIT
Bucher Emhart Glass Net sales and EBIT CHF m CHF m 500 50 420 418 389 400 367 40 345 347 321 332 304 35 300 33 259 30 200 23 20 17 17 15 15 100 12 10 10 8 0 0 2005 2006 2007 2008 2009 2010 1) 2011 2012 1) 2013 2014 Net sales EBIT 1) Before restructuring costs October 2015 - Group presentation 52
Slide 53: Bucher Emhart Glass: Net sales by region 2014 / 2013
Bucher Emhart Glass Net sales by region 2014 / 2013 2014: CHF 389 million 2013: CHF 347 million Europe 38% Europe 38% Asia 30% Asia 36% Americas 28% Americas 19% Africa 3% Africa 6% Other 1% Other 1% October 2015 - Group presentation 53
Slide 54: Bucher Emhart Glass: Number of employees 2014 / 2013
Bucher Emhart Glass Number of employees 2014 / 2013 2014: 1 894 employees1) 2013: 1 913 employees1) China 56% China 56% Sweden 15% Sweden 15% Americas 13% Americas 13% Malaysia 7% Malaysia 7% Switzerland 4% Switzerland 4% Other 5% 1) Expressed in full time equivalents Other 5% October 2015 - Group p
Slide 55: Bucher Emhart Glass: Market position
Bucher Emhart Glass Market position • World’s leading supplier of machinery, equipment and services for glass container manufacturers • Market share: 50% worldwide for glass forming machines and services; 25% worldwide for inspection systems • Global partnership with O-I (USA), the world’s biggest m
Slide 56: World's leading machinery manufacturer
Bucher Emhart Glass World’s leading machinery manufacturer Hot End Cold End IS forming machine Competitors Refrac- Fore- Feeder NIS BIS AIS IS Ware Lehr Inspec- Palle- Wrap- tory hearth & shear handling tion tizing ping Emhart Glass Bottero (IT) Heye (DE) Sklostroj (CZ) GPS (DE) BDF (IT) China compe
Slide 57: Glass consumption per capita
Bucher Emhart Glass Glass consumption per capita Emerging Markets show significant growth potential, while Advanced Markets benefit from established world wine and beer markets 140 Portugal 130 Glass Container Production kg/capita 120 110 Advanced Economies 100 Major "Old World" Wine Markets 90 Emer
Slide 58: Hard glass production line installed at Vetropack Pöchlarn
Bucher Emhart Glass Hard glass production line installed at Vetropack Pöchlarn, Austria, since mid 2013 • May 2013 Finalisation of installation • June 2013 Start of first production trials • October 2013 First stable production run of 0.33l bottle • Up to end of 2014: Industrial optimisation • First
Slide 59: Bucher Emhart Glass: 2014 highlights
Bucher Emhart Glass 2014 highlights • Marked project-related fluctuations in capacity utilisation for new machinery • Varied market development – Buoyant project business in Central and South America – Demand almost nil in Eastern Europe, subdued in China – Increased investment in maintenance and mo
Slide 60: Bucher Emhart Glass: Outlook for 2015
Bucher Emhart Glass Outlook for 2015 • Market environment expected to be comparable with that of last year – Business with new machinery remains volatile and renders it difficult to maintain a constant level of capacity utilisation – Strong parts and service business – Continuing weakness in Asia; i
Slide 61: Bucher Specials
Bucher Specials Winemaking equipment Fruit juice processing systems and drying equipment Agricultural distributorship Automation technology and in Switzerland control systems October 2015 - Group presentation 61
Slide 62: Bucher Specials: Net sales and EBIT
Bucher Specials Net sales und EBIT CHF m CHF m 350 70 305 300 60 262 240 244 250 50 203 202 201 206 188 187 200 40 150 30 28 27 100 24 20 22 17 50 14 10 12 12 10 9 0 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Net sales EBIT October 2015 - Group presentation 62
Slide 63: Bucher Specials: Net sales by region 2014 / 2013
Bucher Specials Net sales by region 2014 / 2013 2014: CHF 305 million 2013: CHF 244 million Europe 50% Europe 44% Switzerland 32% Switzerland 37% Americas 7% Americas 10% Asia 8% Asia 7% Other 3% Other 2% October 2015 - Group presentation 63
Slide 64: Bucher Specials: Number of employees 2014 / 2013
Bucher Specials Number of employees 2014 / 2013 2014: 840 employees1) 2013: 631 employees1) France 38% France 37% Germany 26% Germany 29% Switzerland 27% Switzerland 27% Americas 6% Americas 5% Italy 2% Italy 2% Other 1% 1) Expressed in full time equivalents October 2015 - Group presentation 64
Slide 65: Bucher Specials: 2014 highlights
Bucher Specials 2014 highlights • Stable market environment overall – Marked upturn in demand for winemaking equipment – Positive performance in equipment for fruit juice processing, beer filtration, and dewatering sewage sludge – Downturn in demand at Swiss distributorship for agricultural machiner
Slide 66: Bucher Specials: Outlook for 2015
Bucher Specials Outlook for 2015 • Market outlook in local currencies: – Weakening demand for winemaking equipment expected – Slump in demand for beverage and environmental technology owing to delays in projects and keen competition – Positive demand trend at dealership in agricultural machinery in
Slide 67: Bucher Vaslin: Market position
Bucher Vaslin Market position • World market leader in winemaking equipment • Strong global distributor network • Specialised production facilities in France and Chile • Market share: 35% to 45% worldwide • Main competitors: Pera (FR), Della Toffola (IT), Diemme (IT), Pellenc (FR) and further Italia
Slide 68: Bucher Vaslin: World market leader
Bucher Vaslin World market leader Wine production Competitors Reception Crushing Pressing Fermentation Filtration Filling Bucher Vaslin Diemme (IT) Della/Toffola (IT) Gai (IT) Willmes (DE) Velo (IT) Bankruptcy in 2013 October 2015 - Group presentation 68
Slide 69: Wine production
Bucher Vaslin Wine production Northern hemisphere Southern hemisphere million hl CAGR million hl CAGR 50 35% 50 35% 45 30% 45 30% 40 25% 40 25% 35 20% 35 20% 30 15% 30 15% 25 10% 25 10% 20 5% 20 5% 15 0% 15 0% 10 -5% 10 -5% 5 -10% 5 -10% 0 -15% 0 -15% USA France Italy Spain Germany Austria Greece Po
Slide 70: Bucher Unipektin: Market position
Bucher Unipektin Market position • World market leader in fruit, berry and vegetable juice processing equipment • Market share: 35% to 50% worldwide • Established product range for dewatering of municipal sewage and industrial sludges • Main competitors: Flottweg (DE), GEA (DE), Alfa Laval (SE) und
Slide 71: Bucher Unipektin: World market leader
Bucher Unipektin World market leader Juice production Competitors Reception Milling Mash Dejuicing Pasteuri- Filtration Adsorp- Evapo- heating sation tion ration Bucher Unipektin Flottweg (DE) Bauer & Partners (PL) GEA Group (DE) Alfa Laval (SE) Schmidt-Bretten (DE) Bellmer (DE) Kaimi (CN) October 2
Slide 72: Apple production
Bucher Unipektin Apple production Million tonnes 90 80 70 60 50 40 30 20 10 0 2000 2002 2004 2006 2008 2010 2012 October 2015 - Group presentation 72
Slide 73: Bucher Landtechnik: Market position (in Switzerland)
Bucher Landtechnik Market position (in Switzerland) • Distributorship of tractors and agricultural machinery • Well established among farmers and distributors • Professional distributor network and high quality of service • Wide range of tractors (New Holland, Case, Steyr), attachments (Kuhn Group)
Slide 74: Bucher Landtechnik: Market leader in Switzerland
Bucher Landtechnik Market leader in Switzerland Competitors Hay and forage Hedge Feed Tillage equipment Seeders Sprea- Spray- Trac- Harvesters Wheel- Mowers Tedders Rakes Balers cutters mixers driven non- drilling precision ders ers tors self - loaders driven propelled Bucher Weide- Kuhn Kuhn Kuhn K
Slide 75: Jetter: Automation technology
Jetter Automation technology Industrial automation Mobile automation - Glass container production - Agricultural machinery - Window manufacturing - Municipal vehicles - Filling systems - Packaging systems - Assembly / handling systems October 2015 - Group presentation 75
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Bucher Industries — Investor Presentation (October 2015) on 6ix