Bucher Emhart Glass saw net sales rise by 12.3% in financial year 2014 to CHF389.2 million ($420 million).

Compared to the previous year its order intake rose by 3.6% to CHF367 million ($396 million).

Overall, the company said the market for glass-forming and inspection machinery remained at the same level as the previous year.

The regional differences were considerable, with particularly lively project activity in Central and South America.

Although the project business with new machinery stagnated overall, glass container manufacturers invested in the maintenance of existing installations.

This led to an expansion of the spare parts and service business which was also underpinned by the cooperation with Owens-Illinois (O-I).

As already announced in mid-year, individual sub-projects relating to the realignment of the company will be delayed by 12 months.

Bucher Emhart Glass said this was because of the excessive workload resulting from the implementation of the cooperation with O-I.