Group structure - BWT Group
Group structure - BWT Group
Group structure - BWT Group
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Outlook for 2000<br />
Target for 2000:<br />
<strong>Group</strong> turnover € 295 million,<br />
ÖVFA result € 17 million<br />
R&D department to continuously<br />
minimise or obviate altogether the<br />
use of chemicals in water treatment<br />
processes, to reduce energy<br />
consumption and to manage rising<br />
water treatment costs by means of<br />
closed cycle solutions. <strong>BWT</strong> has<br />
set itself the task of developing<br />
economical and ecological product<br />
and process concepts for the<br />
entire water cycle, from source<br />
back to earth.<br />
For the current business year<br />
2000, <strong>BWT</strong> anticipates an increase<br />
in the consolidated group turnover<br />
to € 295 million, equivalent to an<br />
increase of 11.1% compared with<br />
1999 (€ 265.5 million). The planned<br />
result calculated on the basis<br />
of the ÖVFA formula for the year<br />
2000 amounts to more than € 17<br />
million and once again shows a<br />
double digit growth rate.<br />
After the invention of the unique<br />
limescale protection device AQA<br />
total, the great efforts of <strong>BWT</strong>’s<br />
basic research division lead to further<br />
success at the beginning of<br />
the year 2000: <strong>BWT</strong> FuMA-Tech<br />
– 41 –<br />
tanding research team, are reasons<br />
for our continued optimism for a<br />
successful future development of<br />
the Best Water Technology group<br />
of companies.<br />
R&D Expenditure<br />
(in € million)<br />
Unique research achievements,<br />
such as the bipolar electrode in the<br />
AQA total limescale protection<br />
device or FuMa-Tech’s recently<br />
presented high-performance<br />
membrane for fuel cells, as well as<br />
the knowledge of having an outs- 1999 1998<br />
7,1<br />
5,9<br />
introduced an entirely new highperformance<br />
membrane which<br />
opens up wholly new possibilities<br />
for fuel cells, the environmentally<br />
friendly energy source of the future.<br />
The presentation of the research<br />
results contributed to the<br />
positive share price development<br />
of <strong>BWT</strong> shares at the Vienna stock<br />
exchange and in the long term, will<br />
open up additional market potentials<br />
for the Best Water Technology<br />
<strong>Group</strong>. Soon, fuel cells may become<br />
the energy source for laptop<br />
computers, mobile telephones,<br />
and for electricity and heat generation<br />
in households or energy for<br />
modern automobiles.