Annual Report 2005 - Walter Meier

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The beginning In 1937 Walter Meier established a company for tools and machine tools which has since become an industry leader. Development In 1972 the second generation took over managerial responsibility. With great initiative, Dr. Reto E. Meier subsequently led the company's expansion into an internationally active group. In 1976 WMH was established, whose shares have been listed on the Swiss Exchange since 1985. Activities The activities of WMH focus on three areas: tools, air conditioning, and heating. The main emphasis is on manufacturing and distributing leading-edge tools, machine tools, and systems for woodworking and metalworking, air conditioning, and heating. In all fields of activity the company holds, or strives for, positions of international market leadership (for heating systems, in Switzerland only). WMH operating companies WMH Tools WMH Tool Group, Walter Meier, Mato WMH Air Conditioning Axair, Axair D, Axair F, Axair Climate, AxEnergy, Axair Far East, Axair Kobra, Axair Nortec, Draabe, Charles Hasler, Nordmann, Novasina WMH Heating Vescal, Oertli Service Leading brands WMH Tools DC Swiss, Fanuc, Jet, Kennametal, Maier, Nakamura, Powermatic, Toyoda, Waxmaster, Wilton WMH Air Conditioning Airwell, Alco, Axair, Blue Box, Bock, Carrier, Condair, Copeland, Defensor, Draabe, Fujitsu, Hitachi, Luve Contardo, Nordmann, Nortec, Novasina, Sanyo, Stulz, Wessamat WMH Heating De Dietrich, Elcalor, Kampmann, Lindner, Metalplast, Oertli, Schrag, tabs, Vogel & Noot
WMH Annual Report 2005 WMH Group and WMH Walter Meier Holding AG
Page 1: WMH Annual Report 2005 Customer Ben
Page 5 and 6: Chairman’s report It was an inten
Page 7 and 8: Net sales CHF mil. 800 700 600 500
Page 9: Organization Board of Directors Nam
Page 12 and 13: WMH Tools “To provide an optimal
Page 14 and 15: WMH Tools WMH Tools: Decisive progr
Page 16 and 17: WMH Air Conditioning “When the in
Page 18 and 19: WMH Air Conditioning WMH Air Condit
Page 20 and 21: WMH Heating “Alpamare is one of t
Page 22 and 23: WMH Heating WMH Heating: Very stron
Page 24: In the interests of its shareholder
Page 27 and 28: 3. Board of Directors Dr. Reto E. M
Page 29 and 30: 3.3 Cross-involvement There are no
Page 31 and 32: Daniel Maissen, executive member (C
Page 33 and 34: 6. Shareholders’ rights of partic
Page 35 and 36: Addresses WMH Walter Meier Holding
Page 37 and 38: WMH Financial Report 2005 WMH Group
Page 39 and 40: Important dates Annual Shareholders
Page 41 and 42: Information for investors Capital s
Page 43 and 44: WMH Group Consolidated income state
Page 45 and 46: WMH Group Consolidated cash flow st
Page 47 and 48: WMH Group Notes to the financial st
Page 49 and 50: WMH Group Deferred taxes When calcu
Page 51 and 52: WMH Group 15 Property, plant and eq
Page 53 and 54:
WMH Group Earnouts The remaining ea
Page 55 and 56:
WMH Group Segment information a) By
Page 57 and 58:
WMH Group Report of the Group audit
Page 59 and 60:
WMH Walter Meier Holding AG Income
Page 61 and 62:
WMH Walter Meier Holding AG Notes t
Page 63 and 64:
WMH Walter Meier Holding AG Proposa
Page 65 and 66:
Addresses WMH Walter Meier Holding
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Annual Report 2005 - Walter Meier

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