Buhler Industries third quarter (ended June 31) net sales of US$79.2m are up 3.0% on the same three months a year ago.
Total revenue for the first nine months of this year of US$195m represents a 5.0% increase on the same nine months in 2020 and the Canadian manufacturer, which is best known for Versatile tractors (also builds certain models for Kubota) and cultivators, predicts further sales growth for the rest of this year.
Product demand remains strong is the message and the company is working hard to increase production to meet the order backlog. This remains high and is not helped by supply chain challenges, in particular the shortage of raw materials.
Buhler Industries recorded a turnover of nearly US$250m in 2020 and US$229m in 2019.
