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 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.
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.
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.
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).
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.
With the results of the second quarter of 2015, KUKA Group has completed a highly successful first half-year. “We have achieved an outstanding result and are well above our targets,” explains Dr. Till Reuter, CEO of KUKA AG. “For this reason, we have increased our guidance for 2015.” For the full year 2015, sales revenues of €2.9 million and an EBIT margin of 6.5% to 7.0% are anticipated.