Download annual report 2011 here - Dantherm

INDEX INDEXgrowth and strategic development in 2011Revenue growth within Telecom came to 44%, andthe planned strategic activities were implemented."2011 was a good year for Dantherm's Telecomactivities with growth in revenue, an improvedmarket position with the network suppliers andconsiderable growth in sales to the networkoperators.telecomActivities within the Telecom businessarea are caried out by the companies inChina, Denmark, the USA, Sweden, Norwayand Poland, with the CEO of thebusiness area being based in China. MostTelecom products are manufactured inChina with local production in Denmarkand the USA. The products are sold globally.Dantherm's products and solutions compriseclimate control of electronics andbatteries in radio base stations and othertelecom infrastructure. The productsensure seamless wireless communicationregardless of climate conditions andpower outages.Market developmentDantherm's market within Telecom compriseswireless communication as well astraditional cable-based communication.Global growth is driven by wireless communicationwhere for example smartphonesand tablet PCs are creating arapidly growing need for radio capacity tohandle increasing data volumes.At the end of 2011, the number of mobilesubscribers worldwide is expected to bearound 5bn. The number of subscribersgrew by approx. 800m in 2011, primarilyin India and China.The growth is driven by increased datatraffic created by streaming video, amongother things. Most recently, mobile voicerecognition has led to a doubling of datavolumes as compared to phones withoutthis feature. New technologies and usagepatterns are expected to be introduced inthe coming years, which will increase datavolumes and put further strain on theinfrastructure.The rapid growth in the transmitted datavolumes has forced operators to continuouslyexpand their capacity. Apartfrom the primary technological platformknown as 3G, there is an increasing focuson the latest 4G technology which is betterat handling large data volumes. Theroll-out of this technology has begun inthe USA, Europe and Japan, and othermarkets are expected to follow in thecoming years.SuzhouMost of Telecom's products are manufacturedin the city of Suzhou in China,also known as the Venice of the East.In addition to an expansion of the infrastructureto allow handling of the growingdata traffic, there is a growing marketfor replacement cooling solutions in existingradio base stations where new coolingunits can reduce energy consumption.The demand is driven by a desire toreduce energy consumption as well as aThe Telecom market is expected to be characterisedby growth, which provides a good foundationfor Dantherm's future activities."Revenue – accumulated per quarterDKKmKristian AskegaardCEO, Telecom300250200150100500Q1Q2 Q3 Q42011 201014 Dantherm Annual Report 2011Annual Report 2011Dantherm15