A hundred-year balance Annual Report 2010 - Uzin Utz AG

A hundred-year balance Annual Report 2010 - Uzin Utz AG A hundred-year balance Annual Report 2010 - Uzin Utz AG

26.10.2014 Views

Loyalty to the Location and Growth Since the foundation of the company, the group base has been systematically broadened by means of targeted shareholdings and acquisitions. The company group has been steadily built up around the Ulm group headquarters over two decades. It now includes eight brand suppliers and now more than ever forms the foundation of our careful and sustainable growth strategy. Uzin Utz AG, JP Coatings GmbH, Uzin Ltd. and the companies in Switzerland and the USA in particular have contributed to the positive sales and results developments. As an effect of consistently practiced crisis management, the 7% increase in group sales produced a veritable result of the century: Result from ordinary activities amounted to €14.4 million, corresponding to an improvement of over 30% in comparison to the previous year. »» Investments totalling €6.9 million were also put in hand. » » This outstanding annual performance is also due to the dedication of all employees, who helped to achieve this result despite the slight decline in overall personnel numbers across the Group. Where the ground is fertile, much grows. Where the ground is reclaimed, much flourishes. 1961 1962 1963 1964 1965 Willi Utz takes over the management after the death of the founder of the company. First appearance of the Beatles in the „Star Club“ in Hamburg, Germany. J. F. Kennedy is assassinated. UZIN presented as one of the first companies a one side adhesive „UZIN 390 D“ on acrylic base. Construction of the new production facility in Ulm/ Donautal. 20 The Group

LO CA 1966 TION 1967 1968 1969 1970 Germany is appalled by the so-called „Wembley“ goal. Moving to the present location in the industrial area Ulm/Donautal. The „Prague Spring“ moves and shocks the world. Neil Armstrong becomes the first man on the moon. Beginning of the UZIN adhesive production for tiles. The Group 21

Loyalty to the Location and Growth<br />

Since the foundation of the company, the group base<br />

has been systematically broadened by means of targeted<br />

shareholdings and acquisitions. The company group<br />

has been steadily built up around the Ulm group headquarters<br />

over two decades. It now includes eight brand<br />

suppliers and now more than ever forms the foundation<br />

of our careful and sustainable growth strategy. <strong>Uzin</strong> <strong>Utz</strong><br />

<strong>AG</strong>, JP Coatings GmbH, <strong>Uzin</strong> Ltd. and the companies in<br />

Switzerland and the USA in particular have contributed<br />

to the positive sales and results developments. As an<br />

effect of consistently practiced crisis management, the<br />

7% increase in group sales produced a veritable result of<br />

the century: Result from ordinary activities amounted to<br />

€14.4 million, corresponding to an improvement of over<br />

30% in comparison to the previous <strong>year</strong>.<br />

»»<br />

Investments totalling €6.9 million were also put in<br />

hand.<br />

» » This outstanding annual performance is also due to<br />

the dedication of all employees, who helped to achieve<br />

this result despite the slight decline in overall personnel<br />

numbers across the Group.<br />

Where the ground is fertile, much grows.<br />

Where the ground is reclaimed, much flourishes.<br />

1961<br />

1962<br />

1963<br />

1964<br />

1965<br />

Willi <strong>Utz</strong> takes over the management<br />

after the death of<br />

the founder of the company.<br />

First appearance of the Beatles<br />

in the „Star Club“ in Hamburg,<br />

Germany.<br />

J. F. Kennedy is assassinated. UZIN presented as one of the<br />

first companies a one side<br />

adhesive „UZIN 390 D“ on acrylic<br />

base.<br />

Construction of the new<br />

production facility in Ulm/<br />

Donautal.<br />

20 The Group

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