Corporate Factsheet 2014 EN

B端hler at a glance.

Facts and figures 2014.

2

Bühler at a glance.

Corporate profile.

Bühler makes a significant contribution to global food supplies with its industrial process technologies and solutions. Around 65 % of the wheat harvested worldwide is turned into flour on Bühler mills. The company’s contribution to the global production and processing of rice, pasta, chocolate, and breakfast cereals is equally substantial. Furthermore, Bühler is the leading supplier of solutions for die casting, wet grinding, and coating technology with a focus on applications in the automotive industry, optics, electronics, paints, packaging, and glass technology. As a technology group, Bühler invests up to 5 % ­of its turnover in research and development each year. Bühler covers the entire value creation chain, from consulting and engineering to construction and commissioning of machines and plants, right through to extensive maintenance and optimization services and training programs.

Bühler is proud of the Swiss heritage that has underpinned its work from its beginnings over 150 years ago to today, when the company has become a global player operating in nearly 140 countries. With around 10,600 employees, the company generates turnover of ­CHF 2.3 billion and is aiming to sustain its profitable growth. As a family company, Bühler is particularly committed to sustainability. With its industrial process technologies and solutions, Bühler is helping to ensure that everyone around the world will always have access to a safe, healthy, and ­affordable food supply, while also setting standards with regard to energy efficiency and sustainable mobility. Bühler regards itself as a partner for industry and science, but also governments, helping to tackle global challenges resulting from population growth and climate change. ­Bühler places great emphasis on providing high-quality ­training and continuing education for its employees and currently has around 600 trainees in Switzerland, the USA, and Asia.

Key Figures.

Key Figures 2014.

Business.

In CHF m

2014

Change in %

2013

2012

2,345

Order intake

2,582

9.3

2,363

Order backlog 31.12.

1,582

19.9

1,319

1,347

Sales revenue

2,332

0.5

2,322

2,409

EBITDA

205

–4.7

215

218

EBITDA margin in %

8.8

EBIT

145

EBIT margin in %

6.2

Net profit

121

9.3

9.1

3.7

139

168

6.0

7.0

–1.5

123

155

5.3

6.4

Net profit in %

5.2

Investments in tangible and intangible assets

58

– 34.7

88

82

R&D costs

99

– 8.9

109

104

R&D costs in % Equity ratio

4.2

4.7

4.3

45.2

44.6

41.2

Net liquidity

464

377

317

Return on Net Operating Assets in % (RONOA)

18.1

17.6

27.1

Employees as of December 31 (exclusive of temporary staff and apprentices)

10,575

–0.8

10,659

10,346

596

6.2

561

576

Apprentices as of December 31

Group.

Sales revenue ( in CHF m ) 2,409

2012

2,322

2013

Order intake 2,345

2,332

2014

2012

( in CHF m )

2,363

EBIT ( in CHF m )

2,582

2013

Net profit ( in CHF m )

168

2014

2012

139

145

2013

2014

155

2012

123

121

2013

2014

Sales.

7

8

by Business

6

1

by Region

1

1 Grain Milling (31%) 2 Grain Logistics (7 %)

1 North America (15 %) 5 2

3 SORTEX & Rice (9 %) 5 2 4

3

2 South America (9 %) 3 Europe (31 %)

4 Value Nutrition (21%)

4 Middle East & Africa (15 %)

5 Consumer Foods (12 %)

5 Asia (30 %)

6 Die Casting (12 %) 7 Grinding & Dispersion (3 %) 8 Leybold Optics (5 %)

4

3

3

4

Bühler at a glance.

Business Areas: Close to our Markets.

Grain Logistics.

Grain Milling.

Bühler Grain Logistics offers storage solutions, machinery and components throughout the entire food valueadded chain – from an agricultural product’s reception through to the final stages of processing. Whether it’s a silo installation for harvesting purposes, a plant for grain trade, or a storage solution for the processing industry: Grain Logistics is a competent global partner providing individualized on-site customer service from conception to startup. With its knowledge and services, Grain Logistics sees to it that post-harvest losses, which are still occurring at an immense rate globally, are further reduced and that fewer commodities go to waste. Furthermore, with 75 % of all malt produced in plants provided

by Bühler, Grain Logistics is the world­-wide leading supplier of individually tailored malting systems.

The Grain Milling business area makes a significant contribution to global food supplies. Around 65 % of the wheat harvested worldwide is ground on Bühler mills. Grain Milling offers its customers state-of-the-art process technology and innovative engineering for processing wheat, maize (corn), rye, oat, barley, millet/sorghum, buckwheat, and soybean. As a solution partner for its customers, the business area covers the entire value chain from consultation to engineering, assembly, and commissioning, right through to main­tenance, training, and continuing education. The business area also provides innovative plant concepts for the brewery and bakery markets. Bühler plants guarantee sensitive handling of valuable raw materials and achieve the highest product quality and yield while making it possible to optimize production and staffing costs. The business area has a presence in 140 countries and 40 of its own branches, and is active on all continents.

Key end markets

Key end markets

– – – – –

– – – –

Collection points/reception of agricultural products Grain handling terminals (inland and ports) Mills (flour/rice/feed/edible oil) Malting plants Seed processing plants

Grain Milling: flour and semolina Industrial bakeries: dough and predough Ingredient handling: mixes and premixes Brewing plants: grist

Business Areas.

Sortex & Rice.

Value Nutrition.

Bühler Sortex & Rice significantly contributes to global rice and pulses nutrition and additionally ensures and safeguards food safety by unique proprietary sorting technology.

As the global benchmark in optical sorting, SORTEX advanced technology ensures that many crops are sorted with exceptional accuracy and speed. Defective grains and foreign materials are rejected, while maximizing speed and yield and minimizing the loss of good grains. Our reputation for research and technology in the processing of rice byproducts helps our customers to maximize value from every grain. In pulses, sesame, and spices processing, our collaborative innovation approach aims to develop comprehensive processing solutions along the pulses value chain from farm to plate. With landmark rice mill installations in every major rice geography, a global installed sorter base of over 25,000 machines and extensive capabilities including consultation, project management, installation, and startups, Sortex & Rice is the technology partner of choice for processors who value excellence.

The Value Nutrition business area combines innovative pro­ cess solutions for the food and animal feed industries and pays particular attention to the ever-increasing requirements placed on valuable human and animal nutrition. As a result, Value Nutrition is the global solution partner for producers of food and animal feed: from pasta and noodles, cereals, and snacks to pet food and feed for fish, cattle, and poultry. The company’s contribution in this area is substantial: Around 40 % of global pasta production takes place on machines made by Bühler. It is also responsible for 35% of the world’s cereals and 20 % of its feedstuff. The core technologies of Value Nutrition relate to the areas of extrusion and drying, both of which are ingrained in comprehensive expertise throughout the entire process. This allows Bühler to time and again set international standards in various areas, including energy efficiency in the production process, for example.

Key end markets

Key end markets

– Rice processors and exporters – Processors in pulses, sesame, and spices – N ut, seed, grain, coffee, and fruit and vegetable processors and exporters – PET plastic recycling

– – – –

Feed (cattle, poultry, swine), aqua feed, pet food Pasta, Asian noodles Breakfast cereals, snacks Oil (soy, sunflower, canola)

5

6

Bühler at a glance.

Consumer Foods.

Die Casting.

Consumer Foods contributes significantly to the worldwide production of cocoa, chocolate, coffee, and nuts.

With a market share of 60 %, the business area has set standards in chocolate manufacturing and is committed to the conti­nuous development of innovative technologies.

The company is a complete product and service provider to the industry and covers every process stage with stateof-the-art produ­c tion systems. Bühler provides energyefficient processes with maximum raw material yield and top product quality.

Bühler Die Casting is the global leading provider of aluminum lightweight solutions to the automotive industry, supporting their efforts to reduce C0² emissions. Around 20 % of all cars drive with engine blocks made with Bühler equipment. The business area provides optimized die casting machines and cell solutions, fully integrated process controls, plant layout know-how as well as global service support and process knowledge. With a strong global service network, several application centers as well as its own production, machine revision and technology sites in Europe, Asia, and North America, Die Casting supports its customers in all phases of their investment, ensuring highest productivity and quality – from planning to startup and throughout the entire life cycle of the equipment.

Key end markets

Key end markets

– – – –

– – – –

Cocoa Chocolate Coffee Nuts

Automotive, 2-wheelers Electronics/electrical industry Appliances/white goods Buildings

Business Areas.

Grinding & Dispersion.

Leybold Optics.

The production of inks, printed products, solar panels, or batteries for electric cars rely on equipment and solutions availabe from Bühler Grinding & Dispersion. Around 75 % of the silver paste used in solar panels is produced on Bühler equipment. Bühler Grinding & Dispersion offers comprehensive know-how and has the ability to deliver its customers tailor-made systems for complex processes. As a technology partner for process engineering, Grinding & Dispersion has not only state-of-the-art machines, but also complete solutions for the manufacture of highly advanced materials. Our continuous development enables our customers to manufacture better products and be at the forefront with market innovations.

With its vacuum deposition equipment, Bühler Leybold Optics contributes among other things to energy efficiency, comfort, and food preservation. Thin-film applied on our machines ranges from functional coatings for window glass to coatings for headlight reflectors as well as flexible packaging. Coatings for ophthalmic and precision optics products such as lenses, lasers, or high-end telescopes complete the Leybold Optics product portfolio. Buildings with coated fassade glass require up to 50 % less energy for heating and cooling. The business area combines state-ofthe-art equipment technology with comprehensive process and application know-how to offer customers complete production solutions.

Key end markets

Key end markets

– Offset and liquid inks – M aterials for the electronics industry (eg. lithium-ion batteries, metal pastes for semi-conductors) – High-value coatings

– – – –

Optics (precision and ophthalmic) Architectural glass Flexible packaging Automotive industry

7

Global presence, close to our customers.

137 Sites worldwide *

Regional sites

28 21 94 14 3

10 North America 14 South America 44 Europe 18 Middle East and Africa 51 Asia

Production sites Engineering sites Sales & Service sites Application centers Analytical laboratories

* As some sites are multi-functional, the total number of sites is smaller than the total number of individual positions.

Main production sites

Regional employees

Uzwil Switzerland (head office) Braunschweig Germany Beilngries Germany Zamberk Czech Republic Wuxi China Changzhou China Bangalore India Johannesburg South Africa Minneapolis USA Raleigh USA Joinville Brazil

723 North America 407 South America 4933 Europe 487 Middle East and Africa 4025 Asia

Bühler AG CH-9240 Uzwil, Switzerland T +41 71 955 11 11 F +41 71 955 33 79 www.buhlergroup.com