Annual report 2009 - Siempelkamp

Our development of talented people is topped off with the Eugen-Siempelkamp-Foundation. This
foundation supports young engineers and skilled workers within the scope of a development and
foundation program and, in this way, rewards outstanding performances. Siempelkamp pays the
tuition fees for up-and-coming talented people who have decided for dual training, an especially
diverse qualifi cation. This develops the long-term association of important resources to our company.
Wood-based materials industry
Just as in many other industrial sectors, in the wood-based materials industry the fi rst six months
in 2009 were characterized by a wait-and-see attitude. In light of the global economic situation,
hardly any business made large investments. In the second half of 2009, the investment climate
revived. Although the extent of the investments did not reach the highs of the previous years, this
was a pleasing trend.
We primarily recorded a stable growth in our South American markets. Brazil was a driving force
due to the consolidation tendencies in the country. The Big Players in the wood-based materials
industry repositioned themselves. In June 2009 the Chilean Arauco company expanded its market
shares by acquiring the Brazilian plant Tafi sa/Pien. Duratex S. A. and Satipel Industrial S. A. merged
to one company. Thus, they formed the largest wood-based material manufacturer in South America,
of which the punch on the market is immense. In the course of 2009 it became apparent for
Siempelkamp that the waiting period in South America had come to an end. Masisa in Chile
commissioned us with a modifi cation project and Cuyoplacas in Argentina announced a new
particleboard plant.
Siempelkamp Group consolidated in million Euros
Siempelkamp
Business development
Change Change Change Change Change
2009 2008 in % 2009 2008 in % 2009 2008 in % 2009 2008 in % 2009 2008 in %
Machinery and
plants business unit 200.2 502.0 –60.1 628.3 787.8 –20.2 359.9 484.9 –25.8 357.5 445.7 –19.8 1,614 1,614 –
Nuclear technology
business unit 96.0 106.2 –9.6 118.9 128.9 –7.8 101.3 85.4 18.6 100.1 87.6 14.3 541 510 6.1
Casting technology
business unit 47.2 199.8 –76.4 181.8 255.3 –28.8 105.4 121.7 –13.4 101.2 127.9 –20.9 471 506 –7.0
Holding – – – – – – 4.3 4.3 – 4.3 4.3 – 5 5 –
Consolidation –13.5 –9.5 – –9.6 –10.6 – –16.7 –15.1 – –17.3 –15.5 – – – –
Group total 329.9 798.5 –58.7 919.4 1,161.4 –20.8 554.2 681.2 –18.6 545.8 650.0 –16.0 2,631 2,635 –
Trainees 115 110 0.5
2,746 2,745 –
*End of period Dec. 31
4’-ContiRoll ® during installation
Total order value Order backlog Sales volume Total performance Employees*
10 11