During the first quarter of 2025, some markets of Bucher Industries, mother company of Kuhn Group, stabilised as expected. Order intake was higher than in the prior-year period. Order intake was higher at Kuhn Group in particular.
Led by the Kuhn Group division, which benefited from a greater willingness of the farmers to invest in Europe, order intake was higher overall than in the prior-year period.
While interest rates and production costs remained high, good weather conditions in Europe in particular and high crop yields in Brazil led to further confidence and increased demand for agricultural machinery. As a result, the high inventories of many retailers were reduced. Overall, Kuhn Group’s order intake rose significantly. The dairy farming and livestock segments in particular benefited from high global meat prices and stable milk prices. The European market also performed well. Kuhn Group’s sales fell compared to the prior-year period. Capacity utilisation remains low, particularly at production sites that focus on arable farming.
The reduction of the above-average inventories in the dealer network for agricultural machinery is progressing. Kuhn Group expects stable sales on a comparable basis and an operating profit margin in the region of the 2024 level. The company is continuing to work on optimising its costs.
Bucher Industries confirms its outlook for 2025 but points to the increasing uncertainties surrounding global trade tariffs.
