TK Elevator - ThyssenKrupp Elevator

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ThyssenKrupp Elevator AG Annual Report 06 — 07 P. 15 — 20 Expansion continued Page 17 Course of business Page 17 Sales and service activities expanded Page 19 Capital expenditures Page 19 Enhancing effi ciency and optimizing costs Page 20 Elevator World Project of the Year Awards Page 20
Business performance Efficiency, growth and internationality Efficiency, growth and internationality As a full-range supplier with a broad product spectrum, we succeeded in further expanding our international market presence in the reporting year through our service quality, innovations and additional strategic acquisitions. Our position is secured by a global network of branches and our growth-oriented organization. EXPANSION CONTINUED ThyssenKrupp Elevator continued its expansion in both the new installations and service businesses in fiscal 2006/2007, despite negative exchange rate effects. Order intake increased by 13% to €5.3 billion, sales climbed by 10% to €4.7 billion. While the growth in the new installations business was mainly due to our continuing strong performance in North America, the expansion in the maintenance business took place in all regions. The growth of the service business is also due to the success of our Global Service Strategy, which among other things guarantees the same high service standards everywhere in the world. In the reporting year ThyssenKrupp Elevator made a loss of €113 million. This is due to the impact of the fine imposed by the EU Commission for alleged anticompetitive behavior at national level in the Benelux countries and in Germany on the market for elevators and escalators. Excluding this effect, ThyssenKrupp Elevator almost equaled its prior year earnings, posting a profit of €367 million despite negative exchange rate effects. THYSSENKRUPP ELEVATOR IN FIGURES Order intake million € Sales million € EBITDA million € Earnings before taxes (EBT) million € Employees (Sept. 30) All above key � gures for � scal 2006/2007 include the EU � ne (€479.7 million) and resultant e� ects. COURSE OF BUSINESS 2005/2006 4,690 4,298 476 391 36,247 2006/2007 5,281 4,712 12 (113) 39,501 The Central/Eastern/Northern Europe business unit significantly exceeded its prior year order intake (€1,558 million; prior year: €1,330 million) and sales (€1,389 million; prior year: €1,282 million). New installations and modernization projects in France played a major role in this. New orders were also very pleasing in Eastern Europe, mainly thanks to our Russian operations. However, the business unit’s earnings were significantly down from the prior year, even excluding the EU fine. An increase in profits at our production operations was unable to offset declining earnings on the British and Eastern European markets. 17
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Page 26 and 27: REACHING NEW HEIGHTS IN GREATER COM
Page 28 and 29: TWIN elevator system # 01
Page 30 and 31: — Europe’s tallest skyscraper
Page 32 and 33: — 28 — — Four TWINs for four
Page 34 and 35: Escalators and moving walks # 02
Page 36 and 37: Naples, Italy — Escalators and mo
Page 38 and 39: — 34 — — Experience center wi
Page 40 and 41: — Shopping in the castle — The
Page 42 and 43: TurboTrack # 03
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Page 46 and 47: — 42 — 0.65 m/s Featuring a con
Page 48 and 49: Toronto, Canada — 44 — A NEW WA
Page 50 and 51: — 46 — — Lloyd A. McCoomb —
Page 52 and 53: Toronto, Canada — 48 — THE HAND
Page 54 and 55: Service # 04
Page 56 and 57: Leipzig, Germany — 52 — Thyssen
Page 58 and 59: In offi ce and residential building
Page 60 and 61: For more information on this magazi
Page 64 and 65: 60 Greater efficiency and reduced s
Page 66 and 67: 62 A new lighting system with state
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66 Our aim is to attract and develo
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68 Numerous employees completed the
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ThyssenKrupp Elevator AG Annual Rep
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72 Additional information Managemen
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TK Elevator - ThyssenKrupp Elevator

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