Bucher Industries, which owns Kuhn Group, released its second quarter 2023 earnings report July 27 and reported Kuhn Group’s net sales for the first half of the year totaled $971.4 million, up 6.6% year over year.
Kuhn Group’s order intake for the first 6 months of the year, however, was down 26.5% to $532.4 million. Kuhn Group’s order book totaled $688.6 million for the first 6 months of the year, a 17.4% year-over-year decline.
Bucher…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
