Glass Industry News

Emhart Glass reports weakening market demand

, Bucher Emhart Glass

Container glass forming group Bucher Emhart Glass has reported weakening market demand.

In its financial note for the financial year 2023, it said while demand for glass forming machinery and inspection machinery remained strong, its order intake had fallen as a result of weakening market momentum.

It emphasised though that demand in previous recent quarters had been at a very high level.

Order intake was down by 10.1% in 2023 compared to 2022 to CHF520 million ($602 million) from CHF578 million ($669.7 million) the year previously.

It said: “Towards the end of 2023, however, a slowdown became apparent. Bucher Emhart Glass's order intake fell but was still at a very high level.”

It said the trend towards AIS glass container forming machines continued, with many new orders received for this type of machine. 

Energy-efficiency considerations and a shortage of skilled labour also encouraged plant operators to equip their glass container forming plant with technologies from Bucher Emhart Glass. 

Capacity utilisation continued to be strong, and sales were maintained at the same high level as in the previous year. 

The operating profit margin is expected to slightly exceed the high level reached in 2022.

, © Bucher Emhart Glass

Il materiale informativo del sito è registrato ed appartiene all´azienda o ai terzi che lo hanno fornitoe tutti i diritti sono riservati. Qualsiasi utente che accede a tale materiale può farlo solo ad uso personale e ne è anche responsabile. Ridistribuzione o altro uso commerciale di tale materiale è espressamente proibito. Nel caso in cui il materiale sia stato ceduto da terzi, l´utente concorda di rispettare questi termini di utilizzo specificati. Glass Global non garantisce la veridicità o l´esattezza del contenuto di alcuna informazione o di siti web esterni menzionati nelle stesse.

Should the content or the design of these sites violate third parties rights or legal prescriptions, we kindly ask you to send us a respective message without invoice or cost. We guarantee that passages where the claim is considered as justified will be removed immediately, without any necessity to involve any lawyer into this issue. We will reject any claim caused by submission of a honorary note in this regard without any prior contact and confirmation of the issueby us and we reserve the right ssue counter claim ourselves because of violation of aforesaid conditions.



Info Grid

Glass studies

Updated worldwide glass study 2024

plants.glassglobal.com

Updated hollow glass study 2024

Request more information

Updated float glass study 2024

Request more information

Further glass market studies

Request more information

Profilo Aziendale



Updated worldwide glass market study 2024 available now for flat, container glass and tableware

We have updated our international studies on flat glass, container glass and tableware for 2024.

This unique software provides a global overview about glass producers and technical details. Easy to use and clear tables summarize information and data about glass makers such as: Glass types: flat glass, container glass, tableware, production capacities in regions and countries, number of furnaces, furnace types, year of construction, glass types and sub-types, products, project information, special news and downloads.

Further databases supplying demoscopic data and import and export data complete the market survey. Based on these data, prepare individual country profiles with information about local production capacities, local market sizes and expected demand in the future.

Request your offer via plants.glassglobal.com.

Updated container glass study 2024

X

Updated float glass study 2024

X

Further glass studies and reports 2024

X