æÃæü¤ÇéÎåÔÂÌì

Winnipeg, Manitoba (TSX:BUI) – February 16, 2016

Sales

Revenue for the quarter was $36.3 million, down from $60.1 million in the first quarter of

2015. Weak commodity prices continue to contribute to reduced sales levels. Sales in North

America have declined from the prior years, particularly in the US. Sales to Eastern Europe

have increased significantly.

Net Earnings down for the Quarter

The net loss for the quarter was ($8.7), compared with last year’s first quarter income of $1.5,

mainly driven by the decreased margin and a recovery of income taxes relating to prior years

that did not repeat in the current year. Partially offsetting these was a $0.7 reduction in selling

and administration expenses.

Looking Forward

Sales for the second and third quarter are expected to be higher than first quarter sales. Sales

and profitability for the year are still expected to be off 2015 levels as demand for agricultural

equipment continues to be weaker in 2016 as a result of lower commodity prices. Inventory

levels are expected to drop in 2016 boosting cash flow. Gross margin and operating margin

are expected to be lower due reduced production efficiencies created by lower sales. In

addition, increased competition for equipment sales will lead to lower margins due to

additional sales programs being added. Finally, the weaker Canadian dollar continues to have

a significant negative impact on the Company with parts purchased in US dollars with the

majority of sales projected to be done in Canada during the year.

Contact: Willy Janzen, Chief Financial Officer

Phone: (204) 654-5718

E-mail: wjanzen@buhler.com

Complete financial statement: http://www.buhlerindustries.com/investors/reports/buhler-2016-q1.pdf  Trading symbol: BUI