PDF (7.3 MB) - GILDEMEISTER Interim Report 3rd Quarter 2012

104Business Report forgildemeister AktiengesellschaftSupplementary ReportOverall economic development continued to follow an upwards trend in the first monthsof this year. The economic cycle of the German machine tool industry improved further atthe start of the year.Economic Development 2011Overall economic development continued its growth process in the initial months ofthe current year. The Organisation for Economic Co-operation and Development (oecd)is assuming that the upturn will continue in 2011 at a slower rate. Positive impertus isexpected to continue to come primarily from China.Sources: Institute for the World Economy (IfW), Kiel; Organisation for Economic Cooperation and Development (oecd), ParisThe economic cycle of the German machine tool industry also developed positivelyat the start of the year; correspondingly positive were the industry’s sales. The Germanmachine tool builders’ association (vdw) estimates order backlog to be 8.2 months.Source: vdw (German Machine tool builders’ association)Corporate situation after the end of the reporting yeargildemeister had a good start to financial year 2011. Order intake developed positivelyin January and February in line with expectations. Strengthened by the success of ourtraditional in-house exhibition in Pfronten, order intake of € 291.8 million (+67%) clearlysurpassed that of the first two months of the previous year (€ 173.9 million). Also salesrevenues in January and February progressed above the level of the comparable monthsof the previous year; they amounted to € 204.2 million (previous year: € 126.5 million).Order backlog rose as at 28 February to € 715.9 million (previous year: € 634.1 million).Earnings before tax (ebt) likewise improved in January and February in a year-on-yearcomparison. At this moment in time, a more precise statement would be premature.More information can be found in the “Forecast report” on page 113.order intake at the gildemeister group in january and februaryin € million2009144.02010173.92011291.8