The Kuhn Group was significantly affected by the decline in the agricultural machinery sector during the first three months of this year, with net sales falling 12.1% from CHF332 million (approx. £236m Q1 2015) to CHF292 million (approx. £207.5m). According to parent company Bucher Industries, low global cereal prices, and over-capacity and falling prices in the dairy sector, has subdued machine sales in both the EU and North America. The volatile economic climate is expected to persist for the rest of this year, resulting in a further decline in the demand for new machinery to the arable and livestock sectors. B
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