DGAP-News: Strong growth for Schaltbau Group in fourth quarter 2012
(firmenpresse) - DGAP-News: Schaltbau Holding AG / Key word(s): Development of Sales
Strong growth for Schaltbau Group in fourth quarter 2012
17.01.2013 / 07:56
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Strong growth for Schaltbau Group in fourth quarter 2012
Munich, 17 January 2012 - The Schaltbau Group performed extremely well
during the final three months of 2012. Based on preliminary figures,
fourth-quarter group sales rose by 17.3% to EUR 96.2 million (Q4 2011: EUR
82.0 million), making it the year's best quarter in revenue terms. Sales
for the twelve-month period increased by 14.2% to EUR 363.4 million (2011:
EUR 318.4 million), marginally higher than the most recent forecast for the
full year.
Dynamic growth was generated in the Stationary Transportation Technology
segment. This was aided in particular by the excellent fourth-quarter
performance of the Brake Systems business field which was impressively able
to continue the growth trend recorded in the first nine months of the year.
Full-year sales of the Rail Infrastructure business field were also sharply
up on the previous year. This included a major contribution from the
Pintsch-Tiefenbach Group -- consolidated for the first time since January
2012 -- which achieved its target for the year thanks to the planned high
level of sales in the final quarter. Even excluding the impact of this
change in the group reporting entity, however, the Rail Infrastructure
business field recorded good growth. The Components segment benefited in
particular from above-average sales figures in North America throughout the
year. Sharp growth within the Door Systems for Railway Vehicles product
group enabled the Mobile Transportation Technology segment to increase
sales slightly in 2012 compared to the high level recorded one year
earlier.
Order intake also developed well for the Schaltbau Group in the final
quarter of 2012. Based on preliminary figures, order intake during the
fourth quarter amounted to EUR 87.7 million, 27.7% up on the comparatively
low figure recorded one year earlier (Q4 2011: EUR 68.7 million). Order
intake for the full year increased by 8.6% to EUR 372.3 million (2011: EUR
342.8 million).
All segments recorded good growth rates in the final three months of 2012
compared to same quarter last year when order intake had fallen. The
Stationary Transportation Technology segment experienced brisk order intake
in the Brake Systems business field on the one hand and steady demand in
its Rail Infrastructure business field, the latter including order intake
for Pintsch-Tiefenbach Group for the first time. Fourth-quarter order
intake in the Components segment was up significantly against the previous
year's weak performance, enabling the segment to achieve a small increase
for the full year 2012. Demand for contactors was particularly strong. A
major order received for the Door Systems for Railway Vehicles product
group and stable bus door business throughout the fourth quarter meant that
the Mobile Transportation Technology segment was more or less able to make
good the order intake shortfall registered during the first nine months of
the year.
With a workforce of around 2,000 employees, the Schaltbau Group is a
leading supplier of components and systems in the field of transportation
technology. It supplies complete level crossing systems, shunting and
signals technology, door systems for buses and trains, industrial braking
systems for container cranes and wind power plants and also high- and
low-voltage components for railway vehicles. Its innovative and
future-oriented products make Schaltbau a key business partner in the
fields of transportation technology and industry.
End of Corporate News
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17.01.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Schaltbau Holding AG
Hollerithstraße 5
81829 München
Germany
Phone: 089 - 93005 - 209
Fax: 089 - 93005 - 318
E-mail: bloch(at)schaltbau.de
Internet: www.schaltbau.de
ISIN: DE0007170300, DE000A0D66Z2,
WKN: 717030, A0D66Z2,
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
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199228 17.01.2013
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