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

Forecast Report: Future Development of the gildemeister Group 117New logistics centerplanned for SeebachOur value reporting will continue to form an essential part of our value-based corporatemanagement. We expect an improvement in the roce given the business developmentcurrently assumed. We plan to maintain the costs of capital (wacc) at the previousyear’s level.For financial year 2011 we plan capital expenditure in property, plant and equipmentand in intangible assets of some € 50 million. The planned volume of capital expenditurewill be higher than the level of depreciation anticipated. A key aspect of our capitalexpenditure activity will focus, as in past years, on product innovations. In “MachineTools” we will invest in building up the new generation of the monoblock and eVolutionseries and will press on with the consistent extension of our ctx series as well as automaticlathes. Lasertec and ultrasonic applications will also be constantly optimised.In addition, we are investing in the further development of the “SunCarrier” series aswell as our “cellcube” battery system.In the “Machine Tools” segment capital expenditure of about € 36.5 million isplanned. Here the development of new machine types and the provision of the fixtures,models and supplies necessary for production lie at the forefront of capital expenditureactivity. To optimise logistics procedures at the Seebach site, we plan to invest in a newlogistics center. The “Technical Innovation Center”, which has also been planned, willfurther increase the efficiency of the development process. At the Pfronten site we intendto improve through- put times by adapting further machine types to the existing progressiveassembly system. Further capital expenditure funds are earmarked for settingup shop floor monitors at all assembly places at the site. By this, in the future all assemblyrelatedinformation can be provided in real time. The enhancement of our businessprocesses and it systems will be secured by capital expenditure of gildemeisterBeteiligungen ag.We have allowed for capital expenditure in the “Services” of about € 8.4 million.From 17 to 20 May 2011, it is planned to open the technology center in India with ourcooperation partner, Mori Seiki. In addition, we intend to invest in building up our jointsales and service activities in Singapore. Further funds will flow into updating businessequipment at our sales and service companies in line with requirements. To safeguardour service quality, we will also equip our service employees with the latest diagnosticstools and software programs, as well as electronic measuring devices in financialyear 2011.business reportSupplementary / Forecast Report