Our robust supply chain enabled us to adapt quickly and flexibly to the changing environment. We also continued to progress our AI capabilities and enhance our digital and automation services for our customers’ benefit. At the same time, we invested in the further development of our global talent. All this was made possible by our focus on cost discipline and productivity improvement, which helped us improve our profitability as well as our balance sheet.

Our Grains & Food business experienced stable orders. In our Chocolate & Coffee business area, a surge in cocoa processing investment resulted in strong market activity. In Value Nutrition, demand for pasta solutions increased, driven by population growth and urbanization. Our feed business performed well, supported by demand for industrially produced protein. The pet food segment expanded thanks to ongoing high consumer demand for quality products. This year, we also set a new standard in training for grain and animal nutrition processing with the opening of our state-of-the-art Milling Academy in Uzwil. Along with our Grain Innovation Center, this shows our commitment to leadership in training and innovation in these core business segments of Bühler.

Our Advanced Materials business maintained its technological leadership in a challenging environment, securing significant new projects in all three areas: Die Casting, Grinding & Dispersing, and Bühler Leybold Optics. Overall orders and turnover in Advanced Materials were lower than the previous year, mainly due to low activity in the global automotive sector. The markets for e-mobility and energy-efficient buildings are still interesting but developed at a slower growth rate than expected.

We continue to maintain our long-term view which, together with our strong balance sheet, enables us to thrive and to continue investing in order to provide top-quality solutions for our customers.

This year marked the passing of our patron and former owner, Urs Bühler. His entrepreneurial vision and foresight ensured Bühler’s independence and stability as a family-owned company – a strong foundation that his daughters, Karin, Maya, and Jeannine Bühler, continue to build on.

In 2026, we announced the transition to a new CEO and a new Chairman. Through proactive planning, we have ensured continuity and stability for Bühler’s employees, customers, and partners, underscoring the company’s commitment to long-term stewardship.

We would like to thank you, our customers, partners, and employees all over the world, for the trust and loyalty you have shown in Bühler. We also extend our deepest thanks to our owners, the Bühler Family. It has been an honor to lead this company and serve all of you.