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Annual report 2009 - Siempelkamp

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A 250 t (276 US tons) upper<br />

bolster during installation<br />

Our machinery and plants business unit invested a total of 12 million Euros in <strong>2009</strong> in the up -<br />

grading of machinery and in plant expansions. <strong>Siempelkamp</strong> Foundry made investments amounting<br />

to approx. 2 million Euros which were mainly used for a new employee building as well as the<br />

introduction of a new ERP system. Our casting technology unit has dedicated their efforts to using<br />

available resources more effi ciently for company operations and to optimizing business processes.<br />

Investments in our nuclear technology business unit amounted to 1.8 million Euros. They primarily<br />

pertained to replacement and expansion investments for the manufacturing plant in Mülheim and<br />

the smelting plants as well as to a new ERP system.<br />

Machinery and plants<br />

<strong>Siempelkamp</strong> has been building hydraulic presses and complete systems for more than 125 years.<br />

Our products have an excellent reputation in the wood-based materials, metal forming, as well as<br />

rubber and gypsum fi ber industries.<br />

Together with its subsidiaries, <strong>Siempelkamp</strong> Maschinen- und Anlagenbau GmbH & Co. KG stands<br />

for outstanding full service regarding complete wood-based material plants including auxiliary<br />

plants, such as energy systems.<br />

Sales trend<br />

With 360 million Euros, the sales volume in <strong>2009</strong> was 19% lower than in our record year 2008.<br />

The decrease in turnover can be attributed to invoice timing reasons associated with the equipment<br />

acceptances in <strong>2009</strong>. The overall operating performance was also reduced by 20% to 358 million Euros.<br />

Total order value<br />

In the machinery and plants business unit, the total order value amounted to 200 million Euros<br />

which was considerably lower than last year’s total order value of 502 million Euros.<br />

The machinery and plants business unit has maintained its leading position on the world market<br />

for equipment for the wood-based materials industry. The full use of our capacities resulted in very<br />

positive results. After a weak fi rst half-year, an upturn of the investment climate became apparent<br />

in the second half-year of <strong>2009</strong> which was refl ected in our total order quantity. The end of the economic<br />

downswing in summer of <strong>2009</strong> can be clearly attributed to impulses from foreign countries.<br />

A total order value of 628 million Euros ensures the use of our capacities into the year 2011.<br />

<strong>Siempelkamp</strong><br />

Business development<br />

8 9

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