15.06.2012 Views

Annual Report 2011

Annual Report 2011

Annual Report 2011

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

The newly formed Starrag Group will continue to<br />

focus on made-to-order machines at the high end<br />

of the market that deliver tangible benefits to the<br />

customer. It will also concentrate on the four markets<br />

of aerospace, energy, transport and industrial<br />

engineering. With this business model we have<br />

clearly set ourselves apart from other machine<br />

manufacturers who are focused exclusively on<br />

high volumes and low prices.<br />

Order intake by region<br />

102<br />

2 Pro forma, as if the acquisition of Dörries Scharmann had already taken place on December 31, 2009.<br />

Order intake by market segment<br />

86<br />

59<br />

35<br />

95<br />

108<br />

211<br />

3 Pro forma, as if the acquisition of Dörries Scharmann had already taken place on December 31, 2009.<br />

Starrag Group <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 31<br />

––<br />

The increase in order intake was primarily fuelled<br />

by the European market. Positive sentiment<br />

throughout the machine tool sector induced many<br />

companies to reactivate replacement and modernization<br />

plans that they had postponed during the<br />

recession. The increase in orders received in the<br />

USA is attributed to series production runs with<br />

new civil aircraft designs, which triggered investment<br />

activity downstream in the supplier chain.<br />

2010<br />

pro forma 2<br />

CHF m <strong>2011</strong><br />

Europe 211 61 % 69 %<br />

Asia 102 29 % 28 %<br />

North America 35 10 % 3 %<br />

CHF m <strong>2011</strong><br />

2010<br />

pro forma 3<br />

Aerospace 108 31 % 29 %<br />

Industrial engineering 95 27 % 30 %<br />

Transport applications 86 25 % 27 %<br />

Energy 59 17 % 14 %

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!