Currency conversions as of March 14 Source: Bucher Industries
Kuhn Group’s parent company, Bucher Industries, reported net sales for Kuhn Group of $1.61 billion, down 5.9% year-over-year, in its 2023 earnings report released March 1. Order intake for 2023 came in at $1.27 billion, which was down 30.5%.
This brought order intake below 2019 levels, which was $1.29 billion over the course of 2019. Order intake hit a 5-year peak of $1.9 billion in 2021. Net sales for 2023 were at the second-highest they’ve…
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