Additive Manufacturing | ΕΠΕΞΕΡΓΑΣΙΑ ΜΕΤΑΛΛΩΝ - ΠΛΑΣΤΙΚΩΝ
Bielefeld // DMG MORI AKTIENGESELLSCHAFT achieved record figures in financial year 2017 in order intake, sales revenues and free cash flow. Earnings also rose markedly. The high demand for our innovative machines and technology solutions continued. Order intake rose by +16% to € 2,754.8 million (previous year: € 2,369.9 million). Adjusted for the effects of the realignment in 2016 − including the changes to the sales and service organization in Asia and America − order intake rose even by as much as 23%. The worldwide machine tool consumption rose by 4.5%. Hence DMG MORI has grown stronger than the market. Sales revenues rose by +4% to € 2,348.5 million (previous year: € 2,265.7 million). Adjusted for realignment effects, sales revenues grew by +9% compared with the previous year. This development shows that by concentrating on the core business and further developing strategic future areas, DMG MORI has successfully taken and implemented the right measures.
All figures are provisional and subject to audit and the approval of the financial statements by the Supervisory Board.
Chairman of the Executive Board Christian Thönes: “Our success in financial year 2017 is very impressive. We have achieved record figures in order intake, sales revenues and free cash flow. In addition, we have actively set up new strategic future areas: With ISTOS, ADAMOS and WERKBLIQ we have further expanded our digitization strategy, with HEITEC we have extended our automation expertise and with REALIZER have strengthened ADDITIVE MANUFACTURING.”
Order intake rose to € 2,754.8 million and, following the previous year’s record figure (€ 2,369.9 million), it has been possible to increase it again considerably by 16%. Adjusted for realignment effects, order intake has risen by as much as 23%. In the fourth quarter orders were € 666.2 million (previous year’s quarter: +9%; € 610.3 million). Domestic orders grew by +8% to € 825.7 million (previous year: € 763.0 million). International orders amounted to € 1,929.1 million (+20%; previous year: € 1,606.9 million). The share of international orders thus rose to 70% (previous year: 68%).
Sales revenues rose by +4% to € 2,348.5 million and thus achieved a new record high (previous year: € 2,265.7 million). Adjusted for the effects of the realignment, sales revenues increased by +9% compared to the previous year. In the fourth quarter sales revenues rose by € 55.7 million or +9% to € 692.3 million (previous year: € 636.6 million).
We also achieved further growth in earnings: EBITDA improved by 49% to € 252.9 million (previous year: € 169.7 million). EBIT rose 73% to € 180.1 million (previous year: € 104.0 million) and EBT gained 87% to € 176.4 million (previous year: € 94.1 million). The group reports EAT of € 118.4 million as at 31 December 2017 – an increase of 149% (previous year: € 47.5 million).
In the fourth quarter, EBITDA improved to € 90.1 million (previous year: € 23.4 million), EBIT rose to € 60.9 million (previous year: € 0.0 million) and EBT increased to € 60.0 million (previous year: € -4.9 million). In the fourth quarter the group reports EAT of € 37.9 million
(previous year: € -21.4 million).
In addition to the good results of operations, the financial position also developed positively: Free cash flow improved by € 99.9 million to the record figure of € 142.4 million (+ 235%; previous year: € 42.5 million).
Effective as at 15 May 2018, Michael Horn (46) will assume executive responsibility for production, logistics and quality. DMG MORI is thus optimizing key innovation areas, for instance digitization in the production and logistics processes, as well as the “First Quality” strategy. Chairman of the Executive Board Christian Thönes: “We are delighted to have Michael Horn join us and have won a strong personality for our executive team. Together we will push the dynamic of DMG MORI.” At present Mr. Horn is a member of the Executive Board of Körber AG, Hamburg.
We have made a successful start to the new financial year: At our traditional open house in Pfronten we have once again achieved new record results with order intake of more than € 285 million and around 8,500 international trade visitors. Further details of business development in 2018 will be announced at the balance sheet press conference on 13 March 2018.
DMG MORI AKTIENGESELLSCHAFT
The Executive Board
All figures are provisional and subject to audit and the approval of the financial statements by the Supervisory Board.
Note: All information on the DMG MORI group can also be obtained under twitter at @DMGMORIAG.
Πηγή DMG MORI AKTIENGESELLSCHAFT