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2.3 Management report on on the Group Results of of operations of of the the business areas areas 78% of Plant Technology’s new orders came from regions outside the EU EU in in 2010/2011. Plant Technology Plant Technology in figures 2009/2010 2010/2011 Change in % Order intake million € 3,859 4,475 16 Sales million € 3,931 4,004 2 EBIT million € 401 506 26 EBIT margin % 10.2 12.6 — Adjusted EBIT million € 401 506 26 Adjusted EBIT margin % 10.2 12.6 — Employees (Sept. 30) 12,972 13,478 4 The product portfolio of Plant Technology includes chemical plants and refineries, equipment for the cement and minerals industries, equipment for the mining and extraction of raw materials, and production systems and assembly lines for the auto industry. Continuing good order situation The business area benefited from a favorable investment climate worldwide in the past fiscal year. Order intake increased by 16% to €4.5 billion. A major part in this pleasing performance was played by our plants for the cement, minerals and mining sectors and our production systems and assembly lines for the auto industry, where orders were in some cases more than 20% up from the prior year. Plant Technology is active globally. In 2010/2011 the most important regions outside Europe were Asia with 28% of new orders, America with 22% and Africa with 16%. 22% of orders came from the European Union. Newly acquired projects include two coke plant orders for customers in South Korea and Germany. In addition we received orders for two coal handling plants in India and South Africa. Orders from customers in Mexico, China and Indonesia contributed to the pleasing performance in the cement, minerals and mining business. Some projects were delayed due to the political unrest in North Africa and the Middle East Plant Technology order intake Plant Technology EBIT in million €, quarter on quarter rate of change in million €, quarter on quarter rate of change Q1 1,324 Q1 Q2 (38)% 824 Q2 Q3 (3)% 800 Q3 Q4 + 14% 911 Q4 2009/2010 2009/2010 Q1 + 12% 1,016 Q1 Q2 (12)% 896 Q2 Q3 + 22% 1,097 Q3 Q4 + 34% 1,466 Q4 2010/2011 2010/2011 (12)% (8)% + 13% + 5% + 30% (6)% (2)% 78 111 98 90 102 107 139 131 129
Management report on the Group 2.3 Management report on the Group Results of operations of the business areas All Components Technology plants supplying the auto industry had a a good workload in 2010/2011. 78 | 79 Sales in fiscal year 2010/2011 came to €4.0 billion, up 2% year-on-year. All sections of the business area had good utilization rates, in many cases operating at their capacity limit. Orders in hand of around €6.6 billion at September 30, 2011, mainly for long-term project business, secure both sales and capacity utilization for a period considerably in excess of one year. Earnings improved With EBIT of €506 million, Plant Technology exceeded its prior-year earnings by €105 million. This pleasing increase was mainly due to the billing of larger orders. EBIT margin at 12.6% was significantly higher than the prior-year 10.2%. Components Technology Components Technology in figures 2009/2010 2010/2011 Change in % Order intake million € 5,653 6,921 22 Sales million € 5,724 6,908 21 EBIT million € 252 543 115 EBIT margin % 4.4 7.9 — Adjusted EBIT million € 301 503 67 Adjusted EBIT margin % 5.3 7.3 — Employees (Sept. 30) 29,144 31,270 7 The Components Technology business area supplies a range of high-tech components for wind turbines, construction equipment and general engineering applications. In the auto sector our activities are focused on crankshafts, camshafts, steering systems and the assembly of axle modules. Strong rise in orders and sales Components Technology continued its good upward trend in 2010/2011. Order intake increased year-onyear by 22% to €6.9 billion. This was due partly to global growth in the auto industry, both for cars and trucks, and partly to a recovery in demand in general engineering and the wind energy sector. In the automotive sector the markets in China and Brazil in particular showed dynamic growth; the trend in the USA was also positive. The list of major orders received includes assembled camshafts and electromechanical steering systems, passive and active suspension systems, machined and forged crankshafts and brake components. All plants supplying the auto industry reported high capacity utilization. The construction equipment industry also continued to recover, with impetus coming mainly from China, India and Russia. Domestic business was likewise pleasing. Sales followed the trend in orders and reached €6.9 billion, up 21% from the prior year. We thus achieved our highest-ever order intake and sales in the reporting year.
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Annual Report 2010/2011 At the cent
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Our mission statement We are Thysse
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Our capabilities Material We combin
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Making tomorrow possible Our engine
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Letter to shareholders Dr.-Ing. Hei
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Letter to shareholders To assist ou
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Contents Our mission statement C2 F
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To our shareholders To our sharehol
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To our shareholders 1.1 To our shar
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To our shareholders Wilhelm Segerat
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4.8 Additional information Contact
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