Folie 1 - Oerlikon Barmag

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Short-term outlook (2005) 26 � End of multi-fiber agreement and soft-landing in China has caused a certain degree of uncertainty; we expect : - Lower volumes in Textile Solutions and - Higher volumes in Transmission Systems � Second half 2005 on level of first half with hope for improvement in textile business
Paradigma change from cost reduction to growth from: Looking inward - Consolidation - Risk reduction 27 to: Looking outward - Growth and innovation - Seize business opportunities
Page 1 and 2: 1 SAURER Company Presentation Decem
Page 3 and 4: Saurer - two growth oriented busine
Page 5 and 6: Strong market position, broad produ
Page 7 and 8: Present in the most important marke
Page 9 and 10: Operations in china secure proximit
Page 11 and 12: Five companies were acquired in 200
Page 13 and 14: Management of market cycles is cruc
Page 15 and 16: Strategy for sustainable growth (MU
Page 17 and 18: Specialized supplier of transmissio
Page 19 and 20: Agriculture and luxury cars: Two st
Page 21 and 22: Transmission systems strategy: grow
Page 23 and 24: With two divisions best in class 23
Page 25: 25 OUTLOOK
Page 29 and 30: 29 BACK-UP
Page 31 and 32: SAURER TEXTILE GLOSSARY WEAVING AND
Page 33 and 34: VALUE GENERATION SAURER TEXTILE SOL
Page 35: KEY FIGURES (II) in EUR 2004 2003 2

Folie 1 - Oerlikon Barmag

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