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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.

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