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

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Development and Earning Power Preparing the ground, sowing ideas, treading new paths, harvesting successes, insuring the yield – this is called sustainable. The essence of sustainability includes an overall perception of entrepreneurial action and management. Innovation, growth and earning power are in our opinion inseparable from the concepts of responsibility, the long-term view and environmental compatibility. Permanent further development therefore always goes handin-hand at Uzin Utz AG with forward-looking decisions and activities designed to comply with customer interests, company objectives, social and environmental aspects to an equal degree. »» New effects, new systems and innovative problem solutions are essential for the acceptance and the longterm market success of our products. The innovation sector therefore forms one of the main pillars of our strategy, which will be further strengthened by the imminent move into the new central building for Research & Development. At the Ulm location in 2010, an average of 77 highly motivated employees were devoted to the ambitious task of producing forward-looking product solutions – and with great success: the 45 projects have so far resulted in 22 developments, which are currently being perfected prior to market launch. Although R&D costs have risen by almost 15% to €5.4 million, these efforts have borne fruit: For the Jubilee year 2011 we are aiming for a new product quota of 50%. Throughout the group, the quota for 2010 was 49%, with the main company in Ulm already reaching 51.9% in 2010. »» Well-trained staff naturally also play an important role in the future projection. We are therefore placing special emphasis on a long-term personnel policy directed at quality. It is our aim to promote well-trained new personnel in their own structures wherever possible – this was implemented in 2010 with an average training quota of 7.1% (company) and 4.3% (group). »» The analogy with agriculture also holds up with regard to our ground theme: in the same way as traditional cultivation methods preserve the resources of nature and soils, our company strategy is designed to safeguard the future, by careful and planned budgeting of our capabilities and resources. Today we can look back on 100 years of successful entrepreneurship, and at the same time look forward with realistic optimism. Because the old farming rule applies: Whatever the weather, the ploughing, sowing, weeding and harvesting still has to be done. »» The ground at least is prepared for further successful years and decades. 2001 2002 2003 2004 2005 Pallmann GmbH & Co. KG in Munich is acquired. Opening of the logistics centre in Ulm. Introduction of the Euro as a legal tender. Summer of the century in Germany. The Unipro companies in the Netherlands and Belgium, are acquired. Siga Floor AG (Sifloor AG) in Ruswil, Switzerland, is acquired. 36 R+D/U-Vision
EAR NI NG 2006 2007 2008 2009 2010 The five brands are grouped under the umbrella brand “UFloor Systems”. The codex brand for ceramic tiles and natural stone is launched. With 35000 years probably the oldest known human representation, the „Venus vom Hohlen Fels“, is found on the Swabian Alb (Germany). Barack Obama becomes the first coloured President of the USA. Group sales over €180 millions. R+D/U-Vision 37
Page 1 and 2: A hundred-year balance Annual Repor
Page 3: Investor Relations Overview The Sha
Page 6 and 7: Brief presentation of the Group Sin
Page 8 and 9: Values and substance Dear sharehold
Page 10 and 11: Striving for success and stability
Page 12 and 13: »» Were there also possible alter
Page 14 and 15: Dynamism and Sustainability “100
Page 16 and 17: Structure and Direction 1951 1952 1
Page 18 and 19: UZIN For more than 50 years the est
Page 20 and 21: Loyalty to the Location and Growth
Page 22: Wooded area near Heidenheim
Page 25 and 26: TRANs PA RENCY 1976 1977 1978 1979
Page 28 and 29: Adaptation and Synergy Learning fro
Page 30: Banks of the Danube near Elchingen
Page 33 and 34: Ex Pan 1996 Sion 1997 1998 1999 200
Page 38: Field between Erbach and Ulm
Page 42 and 43: Consolidated Financial Statement of
Page 44 and 45: Uzin Utz Aktiengesellschaft, Ulm (D
Page 46 and 47: Uzin Utz Aktiengesellschaft, Ulm Co
Page 48 and 49: Equity Holdings (figures according
Page 50 and 51: » Other essential requirements - p
Page 52 and 53: Situation of the Group* * (all figu
Page 54 and 55: Risk Report Main risks Environment
Page 56 and 57: Internal control and risk managemen
Page 58 and 59: the year 2010 was the real crisis y
Page 60 and 61: stone are convincing above all for
Page 62 and 63: for foot traffic and loading. Thank
Page 64 and 65: a complete laying materials system
Page 66 and 67: WOLFF brand The year 2010 also saw
Page 68 and 69: Existing branches The shareholding
Page 70: 2010 Dieselstrasse 3 D-89079 Ulm Ph

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

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