DMG MORI AKTIENGESELLSCHAFT recorded a highly dynamic business development in the 1st half year of 2021. All key figures increased significantly: Order intake rose by +59% to € 1,248.7 million (previous year: € 784.0 million). Sales revenues increased to € 933.5 million (+11%; previous year: € 838.0 million). The earnings situation also improved further: EBIT rose to € 42.2 million (+27%; previous year: € 33.2 million). The EBIT margin reached 4.5% (previous year: 4.0%). Free cash flow in particular developed positively, rising to the record value of € 113.2 million at the end of the first half year (+242%; previous year: € -79.7 million).
DMG MORI is building Africa's first machine tool factory in Cairo. This was officially decided at a meeting with Egypt's President Abdel Fattah El-Sisi. In the presence of Prime Minister Dr. Mostafa Madbouly, Chairman of the Executive Board Christian Thönes and AOI President Lt. Gen. Abdel Moneam Al Tarras signed a pioneering cooperation agreement.
DMG MORI AKTIENGESELLSCHAFT recorded a dynamic course of business in the 1st quarter 2021 – in particular due to the favorable development in order intake. At € 589.8 million (+34%), DMG MORI recorded significantly more orders than in the comparable quarter of the previous year. Sales revenues in the first three months reached € 421.6 million. EBIT amounted to € 11.8 million under continued difficult conditions. EBIT margin was 2.8%. Free cash flow improved significantly and was already clearly positive in the 1st quarter at € 39.6 million (+208%).
2020 was an exceptional year: Corona pandemic plus economic weakness, geopolitical uncertainties, industrial restructuring. Global demand for machine tools was declining significantly due to corona and economic factors. Also DMG MORI could not escape these consequences: Order intake, sales revenues and result were clearly below the record year 2019. The negative effects of the crisis could successfully be limited by rapidly introduced and consistently implemented measures to reduce costs, increase flexibility and secure liquidity – while maintaining a stable budget for research and development. Order intake reached € 1,599.4 million (previous year: € 2,563.1 million). Sales revenues were € 1,831.3 million (previous year: € 2,701.5 million). The earnings situation developed successfully despite more difficult market and economic conditions: EBIT amounted to € 81.7 million (previous year: € 221.7 million). The EBIT margin reached 4.5% (previous year: 8.2%). At € 15.7 million, free cash flow was positive (previous year: € 168.8 million).
Whether in the machining of injection nozzles for vehicles or in the production of moulds for the smallest injection moulding components – machining in the micro range is used in many applications.
A top result in preventive maintenance and a gradual recovery of new machine business: How STUDER has come through the Corona crisis so far. An assessment by Managing Director Sandro Bottazzo
The automation specialist Afag has developed a practical online tool for calculating cycle times. With Afag PerfectCycle, users are not just able to save time during the projecting and design phases, but can also validate and compare different system configurations.
The effects of the corona pandemic continue to be clearly felt. The weak overall economic situation led to a further decline in worldwide demand for machine tools. At DMG MORI, order intake, sales revenues and earnings in the first nine months of 2020 were also significantly below the high figures of the previous year due to corona. Order intake reached € 1,187.8 million (previous year: € 2,008.4 million). Sales revenues were € 1,305.3 million (previous year: € 1,892.6 million). The earnings situation was positive despite difficult market and economic conditions: EBIT amounted to € 53.4 million (previous year: € 154.4 million). The EBIT margin reached 4.1% (previous year: 8.2%).
30 October 2020, the EuroBLECH Digital Innovation Summit provides a much anticipated trade and networking event for the global sheet metal working community, presenting a broad programme for trade professionals including virtual product presentations, expert webinars, and plenty of matchmaking. Visitors can participate for free and register online from the beginning of October.
By investing in the innovative dry electropolishing system DryLite the TEAMZIEREIS milling center, specialized in dental products and job shop services, expands its service portfolio. The DLyte 10D system allows the automatic polishing of components produced with additive manufacturing and hybrid manufacturing. It places an excellent polished finish on removable partials, dental crowns and products for orthodontic treatments.
Markets, supply chains, manufacturing technologies and processes are changing. Entire sectors are realigning themselves. This transformation is making it more and more important for companies to demonstrate presence, and to function as solution providers. Where deburring and the production of precision surface finishes are concerned, there’s no getting round DeburringEXPO. The 4th leading trade fair for deburring technology and precision surface finishing will be held at the Karlsruhe Exhibition Centre from the 12th through the 14th of October, 2021. The exhibition portfolio covers the processing of components manufactured by means of all technologies, and from all industry sectors. The expert forum, which is in great demand as a source of knowledge, rounds out the exhibition programme with highly practical, simultaneously interpreted presentations (German <> English).
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.
Jack of all trades
In order to save weight, an increasing number of assemblies used in the automotive industry today are made of plastic or lightweight metal which need to be glued together. The reliable pretreatment of the joining surfaces is a must, especially where structural components are concerned. This is where quattroClean comes into play. The climate-neutral technology has a number of advantages over other dry cleaning processes.
Following the announced closure of the ABB circuit breaker production facility in Ózd, Hungary, Maynards offer to the market a property investment opportunity and the chance to acquire over 50 modern plastic injection moulding machines and associated assembly equipment.
All signs indicate that PaintExpo will take place this year. The world’s leading trade fair for industrial coating technologies will be held at the Karlsruhe Exhibition Centre with more than 500 national and international exhibitors from the 12th through the 15th of October, 2020. A comprehensive hygiene concept will ensure best possible safety for exhibitors and visitors. PaintExpo’s exhibition portfolio presents the world’s most extensive range of solutions for adapting wet painting, powder coating and coil coating processes to current requirements and aligning them to the future.
On 1st April 2020, Horn Group established a company in Turkey. It has taken over sales of the precision tool manufacturer's products in the Republic, a service that was previously provided by a trading partner. Horn took the decision to establish direct representation in Turkey so that the needs of existing and potential customers can be better served.
What are the benefits that big data and data analytics can generate for intralogistics? The system provider presents an intelligent data analytics solution that can be used to examine large amounts of data generated, for example, during sorter operation and visualise the results. With the information collected this way, processes can be optimised, and maintenance measures can be scheduled in advance at an optimum time.
When you think of respiratory and surgical masks, which are currently produced predominantly in Asia, ultrasonics is probably not the first thing that springs to mind. Yet ultrasonic welding plays an important roll in making these products. As an experienced technology provider for mask production equipment, Weber Ultrasonics AG now manufactures respiratory and surgical masks in Germany. This is made possible by the fast and active support of other companies as well as the huge dedication of its own employees.