Order intake rose by 7.2% at Bucher Emhart Glass for the January – September period of this year compared to 2012.
The Swiss company said order intake so far for 2013 was CHF276.4 million ($309.4 million) compared to CHF257.9 million ($289.2 million) in 2012.
The company said demand for machinery for the manufacture of glass containers picked up in the reporting period.
The upturn was particularly strong in the inspection machinery segment. Business declined sharply in China as a result of the marked fall in economic growth.
The measures adopted as part of the division’s realignment proceeded as planned and the expansion of the production plant in Malaysia made good progress.
Sales were slightly lower compared with the previous year, which was affected by a major order from India worth CHF19 million ($21.3 million). The planned annual cost savings are gradually coming into play and will be fully effective by 2015 when they will amount to around €25 million.
The new Bucher Emhart Glass logo and corporate identity presented in October 2013 as part of the realignment are a symbol of the division’s affiliation to the group.