Download Annual Report 2012 - Drees & Sommer

Report of the Supervisory Board
Report of the Executive Board
Executive Board and Partners (from left)
Chairman of the Supervisory Board
Prof. Dr. Hans Sommer
Peter Tzeschlock, CEO
Dierk Mutschler, COO
Joachim Drees, CFO from 01.09.2012
Gabriele Walker-Rudolf until 31.08.2012
During fiscal 2012, the Supervisory Board
reviewed the management of the Aktiengesellschaft
(stock corporation) by the
Executive Board and constantly monitored
business activities through written
and oral reports of the Executive Board.
Once again, very good business performance
and both qualitative and quantitative
improvements were achieved.
The annual financial statements submitted
by the Executive Board to 31.12.2012
for Drees & Sommer AG and the Group,
including all accounting records, have
been examined by accounting firm
Deloitte & Touche. No cause for objection
was found and the annual financial
statement was certified as accurate
without reservation. In keeping with this,
examination of the annual financial statement
by the Supervisory Board raises no
cause for objection.
The Supervisory Board approves the
annual financial statement submitted by
the Executive Board and it was thereby
adopted on 14.05.2013. The Supervisory
Board approves the management report.
2012 operating result
At € 172.5 million, group sales were up
14.6 percent on prior year (€ 150.5 million).
Operating profit increased again,
by € 3.0 million or 19.6 percent to
€ 18.3 million (prior year € 15.3 million).
The number of employees rose by
11 percent from 1,350 to 1,500. While
sales and operating results were held
at the previous high levels in Germany,
international business saw a significant
rise in both – with each now accounting
for some 25 percent of 2012 figures.
The good result is largely attributable
to innovation leadership in the area of
‘optimization of established properties’,
from which real estate consulting,
engineering and project management
primarily benefited. The focus on expertise
in important industrial sectors has also
paid off. Internationally, Drees & Sommer
excels above all with innovative services
in areas such as general construction
management in close connection with
engineering.
Our unique selling propositions are
innovative competence, high quality
and absolute reliability. Our offices and
expert centers are closely networked
and work together transnationally in
keeping with ‘the blue way’, which
combines economy and ecology.
Outlook
Organizationally, the company is poised
for further growth. We have enabled
our experienced staff to become
shareholders, thereby increasing their
commitment as intrapreneurs.
We have also decided that the company’s
entire expertise will be made available at
the inception of every complex project in
the form of a project audit. Specially
established interdisciplinary teams draw
up a project management agreement
in which possible weaknesses and risks
as well as opportunities are analyzed,
discussed and defined in a binding
agreement on objectives.
We will also continue to drive innovations
– such as Lean Construction
Management, integration of the Building
Information Modeling (see also ‘In focus’
on page 4) and a simulation tool to
ensure sound decision-making for
complex projects such as the energy
transition. In this way we will continue to
strengthen Drees & Sommer’s innovative
image and continue our path of growth
based on quality and reliability.
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