Annual Report 2007 - Muehlhan AG

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Win customers with our operational strengths ... 24
In our industry segments, a technological advantage over the competition is very helpful, but not critical. Safe processes and high-quality results are what win over our customers. Size is also important, because our customers associate strength and contractual security with it. When we provide safety and quality, we are also efficient, and efficiency is a big step towards profitability – provided the numbers add up properly. In order to achieve this, at last we carefully illuminated our procedures and mapped out controlling throughout the Group – technically via corresponding quality assurance, commercially and strategically via corresponding risk management. Now we are moving forward at a steadfast pace. ... of safety and quality 25
Page 1 and 2: Annual Report 2007
Page 3 and 4: The Group is represented locally in
Page 5 and 6: Content 2 ManageMent 2 Foreword 5 E
Page 7 and 8: ManageMent divisions share Group Ma
Page 9 and 10: Executive Bodies executive board Dr
Page 19 and 20: One is successful not primarily as
Page 21 and 22: Continued and consistently good bus
Page 23 and 24: ManaGeMent divisions share Group Ma
Page 25 and 26: The marine markets are interconnect
Page 27: ManaGeMent divisions share Group Ma
Page 31 and 32: ManaGeMent divisions share group Ma
Page 37 and 38: We issued a letter of credit for uS
Page 53 and 54: Retained earnings Equity Minority i
Page 63 and 64: 3. FINANCIAL ASSETS ManaGeMent divi
Page 65 and 66: sand (previous year: Eur 13,053 tho
Page 71 and 72: other provisions developed as follo
Page 73 and 74: eakdown by divisions: ManaGeMent di
Page 79 and 80:
Statement of the Auditors´ Report
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ussia Muehlhan Morflot OOO 198035 S
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Contacts and Financial Calendar mue
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Annual Report 2007 - Muehlhan AG

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