Bühler reports US$ 255M EBIT in 2024, driven by milling solutions business
SWITZERLAND – Bühler Group has announced an impressive financial performance in 2024, reporting an EBIT of CHF 227 million (US$ 255 million) and an EBIT margin of 7.6%, with its Milling Solutions business emerging as a key driver of success.
Despite a 9.9% decline in order intake, the company maintained stability in turnover at CHF 3.0 billion (US$ 3.37 billion) and strengthened its financial standing with an equity ratio improvement of 52.8%.
According to the company, its Milling Solutions business was a key driver of this success, which played a crucial role in sustaining growth and profitability.
“Our Milling Solutions business has been a cornerstone of our success in 2024. We have strengthened our ability to deliver cutting-edge solutions that meet the evolving needs of our customers and contribute to feeding the world,” said Bühler CEO Stefan Scheiber.
The company’s Grains & Food division, led by Milling Solutions, experienced a 2.0% increase in turnover, reaching CHF 2,249 million (US$ 2.53 billion). Milling Solutions reported a record-breaking year, adding 30,000 tonnes of daily processing capacity for its customers.
This expansion significantly bolstered global food security by ensuring staple food production for approximately 60 million people. Over the past two years, Milling Solutions has reinforced its market leadership, positioning Bühler as a key partner in the grain processing industry.
CEO Stefan Scheiber attributed the company’s success to its proactive investment in innovation and training, coupled with the expertise of its workforce.
“In an increasingly uncertain global economic environment, we took our approach of ‘making things happen’ and continued investing in innovation and training. Our skilled and passionate employees deserve a big thank you, as they were yet again key to our success in a very demanding year,” he said.
Strengthening market presence through customer service
In addition to Milling Solutions, Bühler’s Customer Service business significantly contributed to the company’s robust financial performance. The division recorded a 9.4% growth in turnover, amounting to CHF 1,057 million (US$ 1.19 billion), and accounted for 35.4% of the Group’s total revenue.
Through modernization projects, preventive maintenance, and long-term service agreements, Bühler enhanced operational efficiencies and reduced costs for its customers.
Bühler continued its commitment to innovation, investing CHF 138 million (US$ 155 million) in research and development (4.6% of turnover).
The launch of 40 new products and services, alongside the opening of three research and training centers in Switzerland, Nigeria, and Canada, further cemented its industry leadership. The Grain Processing Innovation Center in Kano, Nigeria, specifically aims to advance grain milling technologies and enhance local food production capacity.
In addition, Bühler’s balanced geographical presence also contributed to its resilience. While turnover increased in the Middle East and Africa, it saw a decline in China. The company’s revenue distribution remained balanced across regions: the Americas (28%), Europe (27%), Asia (26%), and the Middle East, Africa & India (19%).
2025 Outlook
Looking ahead to 2025, Bühler remains focused on financial robustness and profitability. With an order book of CHF 1.9 billion (US$ 2.14 billion), the company plans to maintain its position as a reliable and innovative industry leader.
“Our commitment to innovation, services, education, and training will remain as strong as ever, and through this, we aim to create value for our customers,” Scheiber stated.
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