Technologies · Systems · Solutions - Dürr
Technologies · Systems · Solutions - Dürr
Technologies · Systems · Solutions - Dürr
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Automatic wheel mounting system<br />
of Schenck RoTec. The tire is mounted<br />
on the rim and is inflated in split<br />
seconds. Due to the rapid pressure<br />
drop during the opening of the inflator,<br />
the surrounding air cools down<br />
quickly. Air humidity condenses and<br />
vapor is generated.<br />
Measuring <strong>Systems</strong> business unit<br />
Earnings situation significantly<br />
improved by<br />
Restructuring works<br />
Successful business in China<br />
Growing demand from the mining industry<br />
Amounts in €m<br />
2004 2003 Change<br />
Total incoming orders 320.2 286.2 11.9%<br />
Total sales 307.2 283.7 8.3%<br />
EBITDA 18.6 –4.0 565.0%<br />
EBT 10.9 –14.5 175.2%<br />
Employees at year’s end 2,084 2,255 –7.6%<br />
39<br />
The extensive restructuring measures of the program took affect in the<br />
Measuring <strong>Systems</strong> business unit. We improved the result of operations significantly<br />
and achieved earnings before taxes of € 10.9 million.<br />
A major reason for our success was the closing of the loss-making pre-manufacturing<br />
operation in Darmstadt, Germany. The closing allows us to purchase parts and components<br />
far less expensively – an important step on the path toward greater competitiveness.<br />
Successful business in China<br />
We were able to further expand our strong position in Asia. We achieved particularly<br />
strong growth in China, which accounted for 25% of total incoming orders in the<br />
past fiscal year. We hired 128 new employees there and expanded our manufacturing<br />
capacities to be better represented on the growing Chinese market. From China,<br />
we also supply customers in Europe and the Americas in addition to our Asian customers.<br />
Balancing and Diagnostic <strong>Systems</strong>: Strong services business<br />
The Balancing and Diagnostic <strong>Systems</strong> product line, the world’s market leader in<br />
these technologies, increased both sales and incoming orders in 2004. The automotive<br />
industry accounted for about 60% of sales, while the rest came from the machinery,<br />
aerospace, power plant, and electrical engineering sectors. In North America, we benefited<br />
from a sharp rise in demand from the aerospace industry. In contrast, capital<br />
spending remained restrained on the European market. Development in Asia continued<br />
to be dynamic.