PDF, 3.2 MB - Pfleiderer AG

Aside from its leading
market presence in
Germany and Europe,
Pfleiderer track systems
has now entered the
Asian market.
Business Segment Infrastructure Technology
Focus on Business Center track systems following successful disposal of
Business Center Poles & Towers and water systems business unit
Project success in Europe and Asia
Strategic cooperation to enter other markets in China and India
Having spun off its Business Units Poles & Towers USA and Europe and the development business
water systems in fiscal 2004, the Business Segment Infrastructure Technology is now focused
on its Business Center track systems. A holistic-oriented service system and engineering provider,
Pfleiderer track systems is a leading supplier of innovative rail track systems for urban and intercity
rail traffic, producing state-of-the-art concrete track and turnout sleepers. Pfleiderer track
systems employs 861 people in sales, engineering and production in nine locations in Germany,
Spain, Hungary and Romania. In presenting the Business Segment Infrastructure Technology,
figures for the previous year have been adjusted for discontinued operations to make comparison
easier. In fiscal 2004, the Business Segment Infrastructure Technology with its Business Center
track systems increased sales by 10.6 percent to 138.2 million euros (2003: 124.9 million euros).
Around 39.6 percent of sales were generated outside Germany. This increase in foreign sales
reflects the successful international growth strategy implemented by Pfleiderer track systems. In
order to strengthen its independence from the German market, Pfleiderer track systems is putting
much effort into expanding its international project business. This particularly relates to its
ballastless track system RHEDA 2000® used in the new construction of high-speed links.
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MANAGEMENT REPORT BUSINESS SEGMENTS