The corona pandemic continues to impact the overall economic situation and is causing a strong decline in the global demand for machine tools. Also DMG MORI has not been able to avoid its consequences: order intake, sales revenues and earnings in the first six months of 2020 were significantly below the high figures of the previous year. Order intake reached € 784.0 million (previous year: € 1,412.3 million). Sales revenues were € 838.0 million (previous year: € 1,276.4 million). Despite the difficult market and economic conditions, the results of operations were positive: EBIT amounted to € 33.2 million (previous year: € 103.4 million). The EBIT margin was 4.0% (previous year: 8.1%).
On August 1, 2020, the Southern German machine builder took over the Lower Franconian company Scherer Feinbau based in Alzenau, a specialist for CNC vertical lathes and vertical shaft turning machines.
In a time of industrial and trade uncertainty, the machine toll (MT) sector continues to perform well, as production stands at more than 28 billion in 2018. In the meantime, CECIMO has following closely the review process of the Machinery Directive, the most important legislation for the machinery sector.
Okuma, represented in Hungary by Smartus Zrt., and German grinding expert Dr. Kaiser Diamantwerkzeuge GmbH & Co KG jointly developed a grinding system that offers cutting-edge dressing functions. This is achieved by an unprecedented symbiosis of the CNC grinding machine, the dressing hardware and the control technology.
DMG MORI AKTIENGESELLSCHAFT was able to keep its course in comparison to the industry. While the machine tool industry partly had to suffer significantly higher losses, order intake at DMG MORI in the first nine months reached € 2,008.4 million (-12%) as planned. Sales revenues increased by +2% to € 1,892.6 million. EBIT rose by +8% to € 154.4 million. The EBIT margin improved to 8.2%. Free cash flow of € 115.0 million was at the previous year's level.
Through a cooperation with the US-American software supplier TULIP, DMG MORI is simplifying digital manufacturing adoption for its customers. Manufacturing workforce and engineers can easily create apps via a drag and drop interface and integrate them with existing systems. This no-code approach is designed with the needs of production lines in mind. It enables them to collect and analyze data in real time, without any programming know-how.
With a strategic stake in the Bavarian software company up2parts, which specializes in artificial intelligence, DMG MORI plans to acquire important know-how in the field of digitized manufacturing processes.
DMG MORI and Jungheinrich present their development partnership for driverless transport systems at the world's largest trade fair for machine tools – and already a first product. The DMG MORI PH-AGV 50 heralds a new era of flexible automation solutions in intralogistics. The driverless transport system enables fully automated loading and unloading of workpiece pallets on machine tools.
With 239 companies on more than 17,000m2, it is number 2 in the list of exhibitors.
A few weeks after filing for self-administration, the tool machine manufacturer Schiess GmbH has taken the first steps on the way to a restructuring. In close cooperation with the relevant federal agency it has acquired the export licence for an important major order which can now be delivered. Order acquisition is running at full pelt and the creditors along with the shareholder are in support of the programme of reorganisation. Business is able to operate free of restrictions.
DMG MORI AKTIENGESELLSCHAFT can look back on a very successful financial year 2018. Order intake, sales revenues, EBIT and free cash flow reached record values. Order intake rose by +8% to € 2,975.6 million. Sales revenues increased by +13% to € 2,655.1 million. EBIT went up by 21% to € 217.1 million. This corresponds to an EBIT margin of 8.2%. Free cash flow improved by € 11.8 million to € 154.2 million.
The machine tool manufacturer Schiess GmbH, based in Aschersleben/Saxony-Anhalt, commences its restructuring in self-administration. The management has filed a corresponding application with the local court of Magdeburg, which has already been approved. Business operations will be continued in full.
Bielefeld/Pfronten. Strong performance: At the beginning of the year, DMG MORI presents its entire technological expertise on 7,500 m2. With 70 high-tech machines, two world premieres as well as the future topics of automation, digitization and ADDITIVE MANUFACTURING, the traditional Open House exhibition at DECKEL MAHO in Pfronten (22-26 Jan. 2019) will be dedicated to integrated manufacturing solutions for holistic processes.
Okuma, represented in Hungary by Smartus Zrt. distributor from list below], meets the special demands of the automotive industry. Its double column machining centres provide high precision during the manufacturing of large parts.
Fritz Studer AG makes history with the universal cylindrical grinding machine S31 and hands over the 1,000th machine to Wuhan Hangda Aero Science & Technology Development Co., Ltd. in China.
Okuma, represented in Hungary by Smartus Zrt., opened the doors for the Okuma Technology Days. During the three-day event, visitors could experience multiple hardware, software and industry 4.0 solutions.
In 2017, CNC machine tool manufacturer Okuma opened its latest smart factory Dream Site 2 (DS2) at its Japanese headquarters in Oguchi. The facility serves as a parts factory for the company’s small and medium-sized lathes and grinders. To take productivity and efficiency to the next level, the CNC manufacturer has integrated 61 machine tools from its extensive portfolio in an Internet of Things (IoT) enhanced production environment. A new production planning system, advanced methods of visualisation, real-time data processing and automation via state-of-the-art robotics enable super high-mix, low volume production with productivity on par with that of mass production.
The plastics machinery shipments in North America continued to increase in the third quarter according to the statistics compiled and reported by the Plastics Industry Association’s (PLASTICS) Committee on Equipment Statistics (CES).
Okuma, represented in Hungary by Smartus Zrt., sets standards with the new MCR-S (Super). In terms of accuracy, productivity and flexibilities, the new double column machining centre opens new possibilities for manufacturers. Combining several high-end features, the machine tool is perfectly suitable for machining press dies to the highest standards. The machine also unites subtractive and additive manufacturing methods allowing for process-intensive production.
The world premiere of new robot systems, the implementation of artificial intelligence (AI) in CNC machining and state-of-the-art smart factory solutions were the highlights of Okuma’s booth at this year’s JIMTOF (Tokyo, 1-6 November). Okuma, represented in Hungary by Smartus Zrt., introduced the next generation robot systems ARMROID and STANDROID for highly automated manufacturing processes. The monitoring of production processes and maintenance reaches new levels with the use of AI. By connecting all machine tools at the trade fair stand via IoT, visitors could experience the many advantages of smart manufacturing first hand.
DMG MORI and INTECH seal a cooperation in the field of ADDITIVE MANUFACTURING at the "formnext" in Frankfurt am Main, the leading international trade fair for ADDITIVE MANUFACTURING. The 30% stake in the Indian software developer gives DMG MORI access to key software and technology know-how for generative production.
Ab dem 22. Oktober 2018 komplettiert Vanessa Hellwing (40) die Geschäftsführungen der CHIRON Group SE und der CHIRON Werke GmbH & Co. KG.
CNC machine tools manufacturer Okuma, represented in [your country] by [insert local distributor from list below], celebrates its 120th anniversary. One key idea has remained at the company’s core for over a century: not to wait for technology to catch up with one’s vision, but to push the boundaries of what machining is capable of to achieve the desired results. This philosophy has been driving innovation at Okuma from the company’s early days of manufacturing noodle-making machines to the state-of-the-art smart manufacturing solutions of today.
If you believe that a large STUDER machine will exceed your budget, we recommend you have a look at the favorit. This machine, top in price and performance, can be used universally and thanks to the centre distance of 1600mm (63”) can also handle long workpieces.
Am 29. und 30. Mai luden die Schunk GmbH und Schiess GmbH zu den gemeinsamen Technologietagen nach Aschersleben ein. Über 40 Besucher nahmen die Einladung an und erlebten zwei spannende und interessante Tage (lunch-to-lunch).
ORDERFOX.com is proud to announce a new ground-breaking collaboration with industry leader Autodesk; making visualization and procurement even easier. ORDERFOX.com is continuously focused on providing members a more efficient way to conduct daily business. With that always top-of-mind, ORDERFOX.com community members now have an even greater benefit - the integration of the Autodesk Forge platform viewing functionality.
The year 2017 ends with a stable economic environment and decent general conditions for the machine tool industry. For HELLER, too, 2017 was a good year. The group’s turnover has increased by 7%. The past year’s sales mix has improved our earning power. The year-on-year changes primarily illustrate the diverse possibilities open to us in the market which we also intend to seize in the future. Worthy of special mention in 2017 are crankshaft machines, coating projects, the modification of production systems and a significantly improved single-machine business. Order intake increased by 16%, thus providing a solid basis for 2018 as well high planning certainty for 2019 due to the projects in hand. We have been able to strengthen our sales in Europe and to intensify market cultivation. The positive order intake on our home continent confirms the measures we have taken. Similar steps are being taking in the US and in Asia.
ONA will be present at the BIEMH 2018, to be held in the Bilbao Exhibition Center from May 28 to June 1; in Hall 1, Stand F03 with an exciting showing of both wire and die-sinking EDM machines. At the same time, on May 29 and May 31, it will be hosting the ONA OPEN HOUSE AND TECHNOLOGY TALKS 2018 in its headquarters in Durango.
Today’s 116th Annual General Meeting of Shareholders of DMG MORI AKTIENGESELLSCHAFT welcomed approx. 450 shareholders. Thus some 88% of the share capital were represented. The shareholders voted with a clear majority to adopt the resolutions proposed by the Executive Board and Supervisory Board. The Executive Board and Supervisory Board were approved for financial year 2017 by a large majority. Subsequently, the Supervisory Board today voted Dr. Eng. Masahiko Mori as its chairman. He succeeds Prof. Dr.-Ing. Raimund Klinkner, who retires from the board on the best terms.
DMG MORI AKTIENGESELLSCHAFT achieved record figures in financial year 2017 in order intake, sales revenues and free cash flow. Earnings also rose markedly. The high demand for our innovative machines and technology solutions continued. Order intake rose by +16% to € 2,754.8 million (previous year: € 2,369.9 million). Adjusted for the effects of the realignment in 2016 − including the changes to the sales and service organization in Asia and America − order intake rose even by as much as 23%. The worldwide machine tool consumption rose by 4.5%. Hence DMG MORI has grown stronger than the market. Sales revenues rose by +4% to € 2,348.5 million (previous year: € 2,265.7 million). Adjusted for realignment effects, sales revenues grew by +9% compared with the previous year. This development shows that by concentrating on the core business and further developing strategic future areas, DMG MORI has successfully taken and implemented the right measures. All figures are provisional and subject to audit and the approval of the financial statements by the Supervisory Board.
Two strong partners are combining their know-how to speed up the development of innovative automation solutions: DMG MORI AKTIENGESELLSCHAFT and HEITEC AG are founding the joint venture “DMG MORI HEITEC“ – perfectly timed to coincide with the start of the SPS IPC Drives in Nuremberg, the leading trade fair in Europe for electric automation.
Okuma, represented in Hungary by Smartus, adds the GENOS M460V-5AX to its ever-growing portfolio. With its simultaneous 5-axis machining capability, the affordable machining centre delivers swift and efficient parts production for the tightest tolerances. When manufacturing complex aerospace components or performing one-chuck multi-sided operations, operators benefit from superior quality and capability without having to compromise to reduce costs.
DMG MORI AKTIENGESELLSCHAFT and FUCHS PETROLUB SE are building on their successful cooperative efforts. The two companies are deepening their business relationship and have signed a collaboration contract. This agreement ensures close involvement by both companies in a technology partnership. Together, they intend to set standards with innovative product developments in the area of lubricants for machine tools.
Overall DMG MORI successfully completed the financial year 2016. Order intake of € 2,369.9 million reached a new record high (previous year: € 2,282.8 million). Despite challenging macroeconomic conditions, we achieved the highest order intake in the company’s 146-year history. Although the worldwide market for machine tools was in decline at -2.5%, DMG MORI recorded a 4% increase. By the concentration on the core business with machine tools and services, DMG MORI set the course for the future in 2016. This includes measures for a new sales and service structure worldwide, the further development of the product portfolio and optimizing production capacity as well as the sale of companies that do not form part of the core business operations.
In the third quarter 2016, DMG MORI AKTIENGESELLSCHAFT saw a positive development with € 601.4 million or +12% in its order intake (previous year: € 538.7 million). We have thus exceeded the order intake for the last four quarters. The successful autumn trade fairs also contributed to this.
DMG MORI AKTIENGESELLSCHAFT completed in a volatile market environment the first half year 2016 according to plan: Order intake was € 1,158.2 million (previous year: € 1,203.3 million). This decline is mainly attributable to cancellations made by us due to non-receipt of advance payments. Without this measure, the order intake figure would be above the previous year's level. Sales revenues amounted to € 1,092.5 million (previous year: € 1,090.2 million). EBITDA totalled € 94.2 million (previous year: € 94.9 million), EBIT was € 65.3 million (previous year: € 68.4 Mio. €) and EBT amounted to € 61.2 million (previous year: € 65.7 million). As of 30 June 2016, the group reports earnings after taxes of € 42.8 million (previous year: € 45.3 million).
Guided visitor tours organised by the Baden-Württemberg Ministry of the Environment highlighting material- and energy-efficient measures in metal working
The year started off according to plan for DMG MORI AKTIENGESELLSCHAFT: In the first quarter, order intake amounted to € 591.6 million and was thus at about the previous year’s level (€ 587.2 million). Sales revenues amounted to € 541.4 million (previous year: € 538.4 million). As in the previous year, EBITDA amounted to € 42.4 million, EBIT reached € 28.0 million (previous year: € 30.0 million) and EBT was € 25.8 million (previous year: € 27.9 million). As of 31 March 2016, the group reported earnings after taxes of € 18.1 million (previous year: € 19.5 million).
With its Customer Support Centre Okuma has established an international service network, designed to provide fast assistance for operators across Europe. From the European headquarters in Krefeld, Germany, Okuma coordinates shipping of exchange parts to customers in 32 countries. 95 percent of the time, Okuma delivers components within 24 hours, effectively reducing expensive downtime to a minimum. Okuma’s unique position as the industry’s only single-source provider extends to the manufacturer’s understanding of service, which encompasses spare part delivery, preventive machine maintenance, spindle repair and exchange as well as local support from certified service technicians all over Europe.
The DMG MORI group can look back on a good financial year 2015. Under volatile market conditions, we succeeded in generating the best result and the highest sales revenues in the company’s history. We have increased sales revenues compared to the previous year by 3% to € 2.3 billion and EBIT to € 185.9 million (+2%). EBT rose by 24% to € 217.3 million.
Now more than ever, selecting the suitable procedure for attaching connection elements to tube ends is essential for economical machining processes. This is because geometries are becoming more and more complex and the pressure of remaining cost efficient is increasing significantly.
The 5th China (Nanjing) Exhibition for Metal Working and Forming, AMB China 2015, successfully ended after four days at the Nanjing International Expo Center on Oct. 22nd.
DMG MORI AKTIENGESELLSCHAFT completed the first nine months of the financial year 2015 according to plan. As at 30 September, we were able to increase sales revenues by 6% to € 1,648.8 million (previous year: € 1,562.4 million). We made good on more ground in the third quarter; order intake was slightly higher than in the previous year at € 1,742.0 million (previous year: € 1,740.8 million). EBITDA amounted to € 151.9 million (+4%; previous year: € 145.9 million), EBIT reached € 111.5 million (previous year: € 111.7 million) and EBT climbed to € 108.8 million (+2%; previous year: € 106.7 million). As at 30 September 2015, the group recorded earnings after taxes of € 75.1 million (+2%; previous year: € 73.7 million). Positive impulses were largely received from the Asian markets China and Korea. In Europe, we recorded a rise in the demand for machine tools foremost in Italy and France.
With order intake of € 106.9 million DMG MORI reports a positive outcome to the EMO 2015 in Milan, which closed on Saturday night. This significant leading trade fair for the machine tool industry was a complete success for DMG MORI.
With the Grand Opening of the factory DMG MORI Ulyanovsk Machine Tools from September 29 to October 2, DMG MORI is celebrating its localized production “made in Russia”. Size, facilities and customer orientation set new standards for the Russian machine tool market.