Hermle in the financial press.
Editorial office tik GmbH
Phone: 0911 95 97 870
Gosheim, Germany, 12 May 2016 – Maschinenfabrik Berthold Hermle AG saw encouraging demand at the start of the current year, performing well in line with expectations. The incoming orders of the Swabian machine tool manufacturer grew relative to the corresponding value of the previous year by almost 9 % to 88.6 mill. Euro in the first three months of 2016 (previous year: 81.4). New domestic orders contributed somewhat more actively to this increase with growth of 12.5 % to 35.0 mill. Euro (previous year: 31.1), as against orders from overseas, in which growth of just under 7 % to 53.6 mill. Euro was generated (previous year: 50.3). The order backlog as of 31 March 2016 came to 130.6 mill. Euro as against 123.2 mill. Euro at the end of 2015 and 130.2 mill. Euro as of the compa-rable reporting date of the previous year.
Hermle increased its Group turnover by 15.5 % to 81.2 mill. Euro in the first quarter of 2016 (previous year: 70.3). The domestic business volume saw particularly strong growth – by almost 18 % to 33.6 mill. Euro (previous year: 28.5) – but overseas business also saw an encouraging rise of around 14 % to 47.6 mill. Euro (previous year: 41.8). The accordingly improved capacity usage and the elimination of the unusual expense from the previous year arising from the increased value of the Swiss franc enabled the earnings for the reporting period to increase disproportionately to turnover, thereby also reaffirming the robust financial and net asset positions of the Company. The investment volume has remained at a normal level over the course of the year so far, although larger investments in increased capacity are in the pipeline for the coming months.
As of 31 March 2016, Hermle employed 1003 throughout the Group, as against 977 at the end of 2015 and 964 as of the comparable reporting date in the previous year. This growth, which primarily concerned commercial operations, was largely the result of graduating trainees being taken on as full employees and the freed apprenticeship positions being re-filled accordingly. An additional eight employees were hired at the start of the year because of duties relating to building cleaning and catering services formerly assigned to third-party service providers now being performed under in-house management. The workforce was also enlarged in the Service division and at Hermle Maschinenbau GmbH, which is responsible for the Company's MPA technology (metal/powder application technique), used for the additive production of complex components.
Hermle's Open House exhibition in April this year was a great success, with over 2800 attendees from Germany and abroad and from around 1200 companies taking the opportunity over the event's four days to discover the latest development trends in milling, turning and additive production. The presentations includes the latest C 250 machine model, the modified version of the C 62 largescale machining centre, the innovative MPA technology, as well as various software modules for Hermle's Industry 4.0 solutions.
Maschinenfabrik Berthold Hermle AG is one of the world's leading manufacturers of milling machines and machining centres. In 2015, the Company generated a Group-wide turnover of 356.6 mill. Euro and an EBIT of 80.4 mill. Euro. Owing to their high quality and precision, Hermle machine tools are used in highly demanding sectors such as medical technology, the optical industry, energy technology, the aircraft, automotive and motor sport industries and their subcontractors. Hermle shares are traded on the regulated Stuttgart and Frankfurt stock markets.
Contact: Editing office: tik GmbH, Gabriele Rechinger, T 0911 95 97 870, Email: firstname.lastname@example.org
Images: Maschinenfabrik Berthold Hermle AG, Udo Hipp, T 07426 95 6238, E-Mail: email@example.com