Germany: Economic Situation
|
|
- Rosemary Willis
- 7 years ago
- Views:
Transcription
1 Germany: Economic Situation Christian H. Kienzle Chairman of the Board of the Fluid Power Association within VDMA CEO of ARGO-HYTOS GMBH, Kraichtal Chart 0 April 2013
2 VDMA - The platform for the capital goods industry in Germany German Mechanical engineering 2012 Turnover: 206,8 billion Euro (3,1 % versus 2011) Employees: (2011: ) Export ratio: 76,1 % (2011: 75,4 %) German Fluid Power Association member companies with: more than 30,400 employees a turnover of approx. 6,6 billion Euro (Fluid power). Hydraulics account for 4,6 billion Euro and Pneumatics for 2,0 billion Euro About 85% of all Fluid Power companies in Germany belong to the Fluid Power Association within VDMA Member of CETOP The European Fluid Power Committee President: Etienne Piot, France Past President: Amadio Bolzani, Italy General Secretariat: Fluid Power Association within VDMA Chart 1 April 2013
3 Right in the middle of the innovation net: Machinery and plant industry The Enabling Industry Car Manufacturing Aviation Traffic Engineering Electrotechnology Space and Aircraft IT Integrated Technology Communication Textile Construction Biotechnology Chemical Industry Foods Energy Paper and Printing Mobile Machinery Urban Technologies Electro Mobility Optics Agricultural Technology Mechanical Engineering Machine Tools Power Transmission Mechatronics Fluid Power Tools Utilities Semiconductors Materials Software Electronic Engineering Sensor Technology Chart 2 April 2013
4 Sales development * Mechanical Engineering / Fluid Power / Hydraulics / Pneumatics Source: Fluid Power Association within VDMA Chart 3 April 2013
5 Hydraulics sales and new orders in Thousand Euro January 2002 February 2013 Source: Fluid Power Association within VDMA Chart 4 April 2013
6 Pneumatics sales and new orders in Thousand Euro January 2002 February 2013 Source: Fluid Power Association within VDMA Chart 5 April 2013
7 New orders Jan.-Dec / Jan.-Dec in percentage Source: VDMA Chart 6 April 2013
8 New orders Jan. Feb / Jan. Feb in percentage Source: VDMA Chart 7 April 2013
9 Ifo business cycle-clock in Germany Hydraulics January 2008 March 2013 Recovery / Expansion 80 Balance 6-month expectations Upswing Recession January 2008 March 2013 Boom Through / Late Phase of Downturn Downswing bad Current evaluation - Balance good Source: ifo Institut, VDMA Chart 8 April 2013
10 Ifo business cycle-clock in Germany Pneumatics January 2008 March 2013 Recovery / Expansion 120 Balance 100 Upswing Boom 6-month expectations March 2013 January Recession Through / Late Phase of Downturn Downswing Balance bad good Current evaluation Source: ifo Institut, VDMA Chart 9 April 2013
11 Hydraulic orders and sales 12 month average and OECD + M6 Source: ifo Institut, Fluid Power Association within VDMA Chart 10 April 2013
12 Pneumatic orders and sales 12 month average and OECD + M6 Source: ifo Institut, Fluid Power Association within VDMA Chart 11 April 2013
13 Changes of sales and incoming orders Hydraulics and Pneumatics January-December 2012 / January-December 2011 in % Domestic sales Exports Total sales Domestic orders Export orders Total orders Hydraulics 3% -8% -4% -15% -29% -23% Pneumatics -2% 1% 0% -4% 0% -2% Jan. - Feb / Jan. - Feb in %, preliminary Domestic sales Export sales Total sales Domestic orders Export orders Total orders Hydraulics -10% -22% -17% -9% -14% -12% Pneumatics -3% 8% 2% -1% 8% 3% Forecasts Total sales Fluid Power 0% Hydraulics n/a Pneumatics n/a Mechanical engineering 2% * Results of monthly reports hydraulics and pneumatics )** January 2013 Chart 12 April 2013
14 Thank you very much for your attention! Chart 13 April 2013
ELECTRICAL ENGINEERING DEGREE. List of subjects available for 2014/2015 SCHOOL OF ENGINEERING / ESCUELA DE INGENIERÍA INDUSTRIAL UNIVERSITY OF VIGO
ELECTRICAL ENGINEERING DEGREE List of subjects available for 2014/2015 SCHOOL OF ENGINEERING / ESCUELA DE INGENIERÍA INDUSTRIAL UNIVERSITY OF VIGO 1 Degree: Site: (V12G320V01) Bachelor's Degree in Electrical
More informationWhy Has Japan Been Hit So Hard by the Global Recession?
IMF STAFF POSITION NOTE March 18, 9 SPN/9/5 Why Has Been Hit So Hard by the Global Recession? Martin Sommer I N T E R N A T I O N A L M O N E T A R Y F U N D INTERNATIONAL MONETARY FUND Why Has Been Hit
More informationWE ENGINEER THE FUTURE PRESENTATION OF THE FINANCIAL YEAR 2014
WE ENGINEER THE FUTURE PRESENTATION OF THE FINANCIAL YEAR 2014 ENGINEERING THE FUTURE Together developing the products of tomorrow VISION Our innovation and excellence are your success. Leading provider
More informationMain trends in industry in 2014 and thoughts on future developments. (April 2015)
Main trends in industry in 2014 and thoughts on future developments (April 2015) Development of the industrial sector in 2014 After two years of recession, industrial production returned to growth in 2014.
More informationAnnex B. Questionnaire
85 Annex B Questionnaire 86 Poschingerstr. 5 Telefon +49 (0) 89/9224-87 The Ifo Institute in Munich and TÜV Automotive GmbH are carrying out a study on road circulation of off-road machinery in the EU,
More informationEconomic forecast mid-year 2015 - Germany
Economic forecast mid-year 2015 - Germany Berlin (gtai) The German economy is on the rise, according to Sigmar Gabriel, Minister for Economic Affairs and Energy. As a result of rising wages and increasing
More informationAnnouncement of Completion of Heraeus Holding GmbH s Dental Materials Business Share Purchase
July 1, 2013 Mitsui Chemicals, Inc. Announcement of Completion of Heraeus Holding GmbH s Dental Materials Business Share Purchase Mitsui Chemicals, Inc. (Toshikazu Tanaka, President & CEO) announced in
More informationThe automotive challenges between markets and politics. Marius Baader April 9, 2014 International Spring Makers Conference, Düsseldorf
The automotive challenges between markets and politics Marius Baader April 9, 2014 International Spring Makers Conference, Düsseldorf Structure I. Economic Framework II. International Automotive Markets
More informationWE ENGINEER THE FUTURE INVESTOR PRESENTATION AUGUST, 2015
WE ENGINEER THE FUTURE INVESTOR PRESENTATION AUGUST, 2015 FIRST SENSOR COMPANY PROFILE First Sensor AG is one of the world's leading suppliers in the field of sensor systems. Our company develops and manufactures
More informationEvaluating the Australian Outlook through a Global Lens
Evaluating the Australian Outlook through a Global Lens Chris Siniakov Managing Director, Fixed Income International Bond Yields 4.00% 2-Year Government Yields as at 15 January 2015 3.00% 2.00% 1.00% 0.00%
More informationQUARTERLY REPORT AS OF 31.03.06 (CONSOLIDATED ACCOUNTS)
CARRARO S.p.A. Registered offices in Via Olmo 37, Campodarsego, Padua, Italy Share capital Euro 21,840,000 fully paid in Tax code, VAT No. and enrolment in the Padua Companies Register under No. 00202040283
More informationPrepared by Agnieszka Garbacz Economic Information Department Polish Information and Foreign Investment Agency S.A.
The Electronics Market in Poland Prepared by Agnieszka Garbacz Economic Information Department Polish Information and Foreign Investment Agency S.A. Warsaw, October 21 The Electronics Market in Poland
More informationMalmi - Helsinki City International Airport. Malmi operators development plan 21.11.2015
Malmi - Helsinki City International Airport Malmi operators development plan 21.11.2015 Malmi Airport Background Helsinki-Malmi Airport is located 10km from the center of Helsinki and is the only freeschedule
More informationMOVING FORWARD SLOWLY
GRUNDFOS MACHINING INDUSTRY MOVING FORWARD SLOWLY UPDATE ON THE ECONOMIC SITUATION AND DEVELOPMENT IN SELECTED SECTORS be think innovate business indicator report 2 GRUNDFOS MACHINING INDUSTRY CONTENTS
More informationAccess Your Global Network.
Services Directory: The Services Directory is a quick reference tool, which features an overview of the range of services provided by corporate members of the American Chamber of Commerce in Germany e.v.
More informationForeign Direct Investment
Germany Reports Record High of New Investment Projects Germany is a very attractive location for foreign investors. Germany Trade & Invest (GTAI) and the economic development agencies of the German Federal
More informationTRENDS IN IRISH TOURISM. A report for Dublin Port Company Limited
TRENDS IN IRISH TOURISM A report for Dublin Port Company Limited February 2011 SECTION 1 RECENT TRENDS IN IRISH TOURISM Economic Significance of Tourism Since 2007 the growth dynamic of the Irish economy
More informationChallenges and Opportunities for Small Businesses Engaged in Energy Development and Energy Intensive Manufacturing
Statement of Toby Mack, EEIA President, Before the U.S Senate Committee on Small Business and Entrepreneurship July 14, 2015 Challenges and Opportunities for Small Businesses Engaged in Energy Development
More informationHow To Be Cheerful About 2012
2012: Deeper into crisis or the long road to recovery? Bart Van Craeynest Hoofdeconoom Petercam Bart.vancraeynest@petercam.be 1 2012: crises looking for answers Global slowdown No 2008-0909 rerun Crises
More informationEconomic Outlook of Finland
Economic Outlook of Finland Pentti Hakkarainen Deputy Governor 9 June 2011 1 2 Heading for stable monetary conditions 1865 1999 MARKKA joins silver standard EURO taken into use 3 Two roles of the Bank
More informationINTERIM REPORT OF THE CARRARO GROUP AS OF 30 JUNE 2004
CARRARO S.p.A. Registered offices in Via Olmo 37, Campodarsego, Padua, Italy Share capital Euro 21,840,000 fully paid in Tax code, VAT No. and enrolment in the Padua Companies Register under No. 00202040283
More informationThe Gas Market - Overview
The Gas Market - Overview Dr. Burckhard Bergmann, CEO of Ruhrgas AG and Member of the E.ON Board of Management March 11, 2004 1. Gas Market 2. Ruhrgas Business Model 3. Strategy 2 New Market-Unit (MU)-Structure
More informationGrowth pause rather than structure break How robust is the recovery?
Growth pause rather than structure break How robust is the recovery? Prof. Dr. Michael Hüther Director of the Institut der deutschen Wirtschaft Köln PK Hanover Fair, 19 April 2010 1 Agenda Where we are
More informationWisconsin's Exports A Special Report on Wisconsin's Economy
Wisconsin's Exports A Special Report on Wisconsin's Economy April 2011 Wisconsin Department of Revenue Division of Research and Policy AT A GLANCE Wisconsin's goods exports increased 18.3% to $19.8 billion
More informationIPA Global Publishing Statistics. Rüdiger Wischenbart
IPA Global Publishing Statistics Rüdiger Wischenbart 1 International Publishers Association The 20 Largest Publishing Markets A list of the 20 largest publishing markets therefore highlights complex dynamics
More informationNovember 2, 2011 (For your information) Mazda Motor Corporation FISCAL YEAR ENDING MARCH 2012 FIRST HALF FINANCIAL RESULTS (Speech Outline)
November 2, 2011 (For your information) Mazda Motor Corporation FISCAL YEAR ENDING MARCH 2012 FIRST HALF FINANCIAL RESULTS (Speech Outline) Representative Director, Chairman of the Board, President and
More informationSTUDY AT. Programs Taught in English
STUDY AT CONTACT Office for International Students, Zhejiang Normal University Address: 688 Yingbin Avenue, Jinhua City, Zhejiang Province, 321004, P.R. China Tel: +86-579-82283146, 82283155 Fax: +86-579-82280337
More informationINVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM
INVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM Warsaw, February 2013 New Program Policy Orientation The year 2023 would be the centenary of Turkish Republic s establishment. Therefore we set up
More informationWorld Manufacturing Production
Quarterly Report World Manufacturing Production Statistics for Quarter III, 2013 Statistics Unit www.unido.org/statistics Report on world manufacturing production, Quarter III, 2013 UNIDO Statistics presents
More informationDEUFOL SE JOHANNES-GUTENBERG-STR. 3 5 65719 HOFHEIM (WALLAU), GERMANY PHONE: + 49 (61 22) 50-00 FAX: + 49 (61 22) 50-13 00 WWW.
SEMI-ANNUAL REPORT 5 Key Figures for the Deufol Group figures in thousand 6M 2015 6M 2014 Results of operations Revenue (total) 152,088 141,450 Germany 83,770 77,730 Rest of the World 68,318 63,720 International
More informationProgram Summary. Fluid & Motion Control Filtration & Fluid Management Sensors & Measurement
Program Summary Fluid & Motion Control Filtration & Fluid Management Sensors & Measurement 2 Table of content Content Fluid & Motion Control 3 Directional Control Valves, solenoid operated 4 Directional
More informationAutomotive Suppliers Survey
The outlook for 2014 remains optimistic. The key to success will be innovation and R&D, the key to survive will be skilled labour. Automotive Suppliers Survey Slovakia, 2014 Consultancy firm PwC in cooperation
More informationAhlers AG, Herford. ISIN DE0005009708 and DE0005009732 INTERIM REPORT
Ahlers AG, Herford ISIN DE0005009708 and DE0005009732 I N T E R I M R E P O R T for the first six months of the 2006/07 financial year (December 1, 2006 to May 31, 2007) BUSINESS DEVELOPMENT IN THE FIRST
More informationHow To Understand The Working Capital Cycle In International Trade
The Working Capital Cycle in International Trade September 2013 Copyright The Institute of Export and International Trade 2013 1 Contents Finance During the Business Lifecycle The Working Capital Cycle
More informationQ4 results 2010. 9 February 2011 Jørgen Bredesen, CEO Björn Wigström, CFO
Q4 results 2010 9 February 2011 Jørgen Bredesen, CEO Björn Wigström, CFO Improved performance before restructuring costs Financial highlights Order backlog increased by 5.1% vs Q4 2009 Activity level increasing,
More informationCurrent and Future World Markets for Motors and Motor Controls
IHS TECHNOLOGY Presentation 21 st. 2016, Jacksonville, motor & Drive Systems 2016 ihs.com Current and Future World Markets for Motors and Motor Controls Wilmer Zhou, Principal Analyst, wilmer.zhou@ihs.com
More information/Flughafen München GmbH Annual Press Conference
/Flughafen München GmbH Annual Press Conference March 27, 2015 Corporate Communications Press release 3/27/2015 Airport set new records for passengers and airfreight Munich Airport again closes out operating
More informationCredit insurance supports companies profitable growth
Credit insurance supports companies profitable growth An independent research study of 2,000 businesses in 10 European economies Background. During the first semester of 2006, the Credit Management Research
More informationHIGH-LEVEL SYMPOSIUM Excess Capacity and Structural Adjustment in the Steel Sector
HIGH-LEVEL SYMPOSIUM Excess Capacity and Structural Adjustment in the Steel Sector 18 April 216, Brussels, Belgium BACKGROUND NOTE NO. 1 LATEST GLOBAL STEEL MARKET DEVELOPMENTS This background document
More informationMonetary Policy in the Post-Crisis Period
Monetary Policy in the Post-Crisis Period A. Hakan Kara Research and Monetary Policy Department EAF Conference October 10, 2011 Contents I. Changing View of Central Banking II. Capital Flows to Emerging
More informationF A C T. Festo Authorized and Certified Training Centre
F A C T Festo Authorized and Certified Training Centre Welcome to our FACT Centre It is our vision to be a leader in technical and industrial training at international standards. Professional competence
More informationCONFERENCE CALL PRELIMINARY FIGURES FISCAL YEAR 2014
WELCOME DÜRR AKTIENGESELLSCHAFT CONFERENCE CALL PRELIMINARY FIGURES FISCAL YEAR 2014 Ralf W. Dieter, CEO Ralph Heuwing, CFO Bietigheim-Bissingen, March 9, 2015 www.durr.com DISCLAIMER This presentation
More informationThe Overall Economic Picture
Market Report Leasing Business Remains Stable Weak Investment Climate On account of the uncertain macroeconomic situation, the investment climate deteriorated in 2012. There was a sharp drop in capital
More informationMetro Economic Outlook: St. Louis
Metro Economic Outlook: St. Louis A series of large-scale, private-sector expansions in the St. Louis region are adding thousands of jobs to local payrolls, headlined by one of the world s biggest aircraft
More informationBusiness Briefing: Germany
159870 Business Briefing: Germany May 2015 Overview Area Population Population density 357,340.0 sq km 2014: 80.9 million people Population growth rate 2014: -0.2%* Fertility rate Birthrate Age group distribution
More informationHow To Finance Export-Oriented Smes
Contemporary Logistics 06 (2012) 1838-739X Contents lists available at SEI Contemporary Logistics Journal homepage: www.seiofbluemountain.com Two-factor Export Factoring: Optimal Option for Export-oriented
More informationPredictive Analytics for Logistics to Increase Man & Machine Efficiency
Predictive Analytics for Logistics to Increase Man & Machine Efficiency Richard Martens MD Chicago, 13 th May 2014 Resource Intelligence Self-learning Analysis & Prediction Efficiency increase for man
More informationICT. Overview. The Information and Communications Industry Japan s Largest Industry. Contribution to real GDP by industry (2010)
Overview The Information and Communications Industry Japan s Largest Industry The market size (real GDP) of Japan s information and communications (ICT) industry in 21 was 98.8 trillion yen. The ICT industry
More informationMALAYSIA - ECONOMIC TRENDS
Volume 167 22 ember 211 Gross Domestic Product MALAYSIA - ECONOMIC TRENDS Sectors Q3 211 Q2 211 Q1 211 Q3 21 % Change (Q3 211/Q3 21) GDP 15,325 1,898 1,911 12,13 5.8 Services 87,75 8,81 82,386 81,3 7.
More informationTO OUR SHAREHOLDERS PROFITABLE GROWTH COURSE INTERNATIONALIZATION FURTHER EXTENDED US MARKET IN FOCUS
QUARTERLY STATEMENT AS OF MARCH 31, 2015 TO OUR SHAREHOLDERS Patrik Heider, Spokesman of the Executive Board and CFOO The Nemetschek Group has made a dynamic start in the 2015 financial year and continues
More informationWorld Manufacturing Production
Quarterly Report World Manufacturing Production Statistics for Quarter IV, 2013 Statistics Unit www.unido.org/statistics Report on world manufacturing production, Quarter IV, 2013 UNIDO Statistics presents
More informationPT - Portugal COUNTRY PROFILE. Portugal R&D Intensity projections, 2000-2020 (1) 1 Overall review of EU Member States and Associated countries
1 Overall review of EU Member States and Associated countries COUNTRY PROFILE PT - Portugal Progress towards meeting the Europe 2020 R&D intensity target The figure for Portugal on R&D intensity (GERD/GDP)
More informationMonitoring exports A new approach
Monitoring exports A new approach Floris van Ruth & Daan Zult Statistics Netherlands EU/OECD Annual Workshop on Business and Consumer Surveys: Brussels, 17-18 November 2011 Why we need better trade monitoring?
More information13.8% Inflation-adjusted GDP (billions) Cumulative growth 2009 to Q3 2015. Exhibit 1 Steady U.S. Economic Growth After a Severe Recession $17,000
Exhibit 1 Steady U.S. Economic Growth After a Severe Recession Inflation-adjusted GDP (billions) $17,000 $16,000 $15,000 $14,000 $13,000 13.8% Cumulative growth 2009 to Q3 2015 $12,000 $11,000 $10,000
More informationNorth American Steel Industry: Recent Market Developments and Key Challenges Going Forward
North American Steel Industry: Recent Market Developments and Key Challenges Going Forward OECD Steel Committee May 6-7, 21 Paris, France * American Iron and Steel Institute (AISI) Steel Manufacturers
More informationWORLD ROBOTICS 2006 EXECUTIVE SUMMARY
2005 World Robot Market Total world-wide sales: 126,700 units, up 30% on 2004 EXECUTIVE SUMMARY World total stock of operational industrial robots: 923,000 units, 9% greater than 2004 World market surged
More informationInvestor Visit Danske Bank
Investor Visit Danske Bank Martin Primus Head of Financial Communication/ Financial Analysis, AUDI AG May 28, 2014 Audi Group Key figures 2013 1,605,926 Production Audi brand 10.1% Operating return on
More informationAnnouncement of Acquisition of Shares in Quandoo GmbH, an Online Restaurant Reservation Service Provider in the EU countries including Germany
To whom it may concern: Company name: Representative: Contact: March 5, 2015 Recruit Holdings Co., Ltd. Masumi Minegishi, President and CEO, & Representative Director (Securities code: 6098, TSE First
More informationChart 1: Zambia's Major Trading Partners (Exports + Imports) Q4 2008 - Q4 2009. Switzernd RSA Congo DR China UAE Kuwait UK Zimbabwe India Egypt Other
Bank of Zambia us $ Million 1. INTRODUCTION This report shows Zambia s direction of merchandise trade for the fourth quarter of 2009 compared with the corresponding quarter in 2008. Revised 1 statistics,
More informationEngineering Technology Division
93 xxx The Engineering Technology division of the Higher Colleges of Technology offers a wide range of programs at the Diploma, Higher Diploma and Bachelor of Applied Science levels. These programs prepare
More informationThe Impact of The European Crisis on Travel To and From Europe and China & Asia-Pacific
The Impact of The European Crisis on Travel To and From Europe and China & Asia-Pacific A Report by Research For Travel Ltd July 2012 Research For Travel Ltd The Impact of The European Crisis on Travel
More informationadidas Group records stellar financial performance in Q3 2015 and raises full year guidance
FOR IMMEDIATE RELEASE Herzogenaurach, November 5, 2015 Nine Months 2015 Results: adidas Group records stellar financial performance in Q3 2015 and raises full year guidance Major developments in Q3 2015
More informationCurrency-neutral sales growth Earnings hurt by change in production and strong Swiss franc
Press release Currency-neutral sales growth Earnings hurt by change in production and strong Swiss franc Sales expressed in Group currency down on first half of 2014 as expected; increase of 2 percent
More informationBusinesses are affected by the economy An economy describes how a country spends its money This is determined by 5 factors
Economic Factors Businesses are affected by the economy An economy describes how a country spends its money This is determined by 5 factors Economic Growth Exchange Rates Rates Economic Factors Inflation
More informationMarketsandMarkets. http://www.marketresearch.com/marketsandmarkets-v3719/ Publisher Sample
MarketsandMarkets http://www.marketresearch.com/marketsandmarkets-v3719/ Publisher Sample Phone: 800.298.5699 (US) or +1.240.747.3093 or +1.240.747.3093 (Int'l) Hours: Monday - Thursday: 5:30am - 6:30pm
More informationConsolidated Quarterly Report of Baader Bank AG as at 31.03.2015
Consolidated Quarterly Report of Baader Bank AG as at 31.03.2015 OVERVIEW OF KEY FIGURES RESULTS OF OPERATIONS Q1 2015 Q1 2014 Change in % Net interest income EUR thousand -95 869 >-100.0 Current income
More informationMEXICO AS AN AUTOMOTIVE MANUFACTURING PLATFORM FOR EXPORTING Emilio Cadena PRESIDENT & CEO
MEXICO AS AN AUTOMOTIVE MANUFACTURING PLATFORM FOR EXPORTING Emilio Cadena PRESIDENT & CEO OPERATING AGENDA STRUCUTRES 4. DOMESTIC SALE OBJECTIVE: 1. What is the reality of Manufacturing in Mexico today
More informationBriefing of Results for Organo Corporation (16:00-17:30 Nov 10 th, 2005)
Briefing of Results for (16:00-17:30 Nov 10 th, 2005) Attendees President and CEO: Kiyoshi Hashimoto Managing Director : Yasuhiko Tanaka 2005 1 Schedule of Briefing 1. Management Vision 2. Summary of Accounts
More informationP R E S S R E L E A S E
Paris, 5 May 2015 Coface begins 2015 with robust results: increased turnover and profitability in Q1 Growth in turnover : +5.3% at current scope and exchange rates (+2.3% at constant scope and exchange
More informationQuarterly Financial Statements as per 31 March 2015 Conference Call
Quarterly Financial Statements as per 31 March 2015 Conference Call Munich, 7 May 2015 Andreas Helber, CFO Agenda 1. Development of the Group 1-3/2015 2. Development of the Segments 1-3/2015 3. Outlook
More informationApril 1, 2010. Rudi Ludwig, CEO Wilfried Trepels, CFO
Annual Financial i Statements t t 2009 April 1, 2010 Rudi Ludwig, CEO Wilfried Trepels, CFO 1 Agenda 1. Executive Summary 2. Background Market Performance 3. Business Performance 4. Financials 5. Next
More informationTrade Credit Insurance
Trade Credit Insurance credit insurance What it is:... An insurance coverage that protects the business against the risk of non-payment or protracted default of products or services. Coverage can be contracted
More informationFY2015 Management Plan Q1 Follow-up
FY2015 Management Plan Q1 Follow-up July 2015 FURUKAWA ELECTRIC CO., LTD. Hiroyuki Ogiwara Director, General Manager of the Finance & Procurement Division Forward-Looking Statements Projections of future
More informationGOVERNMENT COLLEGE OF TECHNOLOGY NOV / DEC 2013 TIME TABLE BATCHES : 2003-2007 B.E. / B.TECH. DEGREE : FULL TIME & PART TIME 2003 REGULATION
GOVERNMENT COLLEGE OF TECHNOLOGY NOV / DEC 2013 TIME TABLE BATCHES : 2003-2007 B.E. / B.TECH. DEGREE : FULL TIME & PART TIME 2003 REGULATION SESSION Government College of Technology, Coimbatore - 641 013
More informationH A L F -Y EAR REPORT 2 0 1 3
H A L F -Y EAR REPORT 2 0 1 3 HAEMATO AG in numbers Consolidated Financial Statements according to IFRS (in m) Overview 01.01. - 30.06.2013 01.01. - 30.06.2012 Sales 63.21 9.39 EBIT 4.66 3.83 Net profit
More informationPlastics Converting in Europe
Understanding the plastics industry Plastics Converting in Europe The European Plastics Converters (EuPC) is the leading EU-level Trade Association, based in Brussels, representing European Plastics Converters.
More informationP R E S S R E L E A S E
Hong Kong, May 22, 2013 Survey reveals corporate overdue payment in Asia Pacific region deteriorated in 2012 - Companies are less optimistic about recovery of global economy in 2013 A survey of corporate
More informationInflation. Credit. Coincident indicator (Ita-coin) and Italian GDP (1) (percentage changes)
NUMBER 16 FEBRUARY 216 Economic activity and employment Foreign trade and competitiveness Inflation Credit The Public Finances Macroeconomic projections 1 7 8 11 12 Directorate general for economics, statistics
More informationAgricultural Machinery. Economic Report
Agricultural Machinery Economic Report 2013 VDMA AGRICULTURAL MACHINERY REPORT 2013 1 Content Table of 2 Foreword 4 Agriculture and Agricultural Policy 6 Production and Business Climate 6 World 6 European
More informationGUJARAT TECHNOLOGICAL UNIVERSITY
Subject Code Subject Name Date Time Branch 01: Aeronautical Engineering 160101 Aerodynamics-II 24-05-2013 10:30 To 01:00 160102 Fundamentals of Jet Propulsion 27-05-2013 10:30 To 01:00 160103 Vibration
More informationMapping Global Value Chains
Mapping Global Value Chains Koen De Backer Sébastien Miroudot OECD Final WIOD Conference: Causes and Consequences of Globalization Groningen, The Netherlands, April 24-26, 2012. Why focusing on GVCs? A
More informationQUARTERLY REPORT For the six months ended September 30, 2012 010_0774017502412.indd 2 2012/12/21 11:54:11
QUARTERLY REPORT For the six months ended September 30, 2012 QUALITATIVE INFORMATION (1) Qualitative Information Relating to Consolidated Quarterly Operating Results During the first half of the fiscal
More informationEFN REPORT. ECONOMIC OUTLOOK FOR THE EURO AREA IN 2013 and 2014
EFN REPORT ECONOMIC OUTLOOK FOR THE EURO AREA IN 2013 and 2014 Autumn 2013 1 About the European ing Network The European ing Network (EFN) is a research group of European institutions, founded in 2001
More informationAnnual Economic Report 2015/16 German council of economic experts. Discussion. Lucrezia Reichlin, London Business School
Annual Economic Report 2015/16 German council of economic experts Discussion Lucrezia Reichlin, London Business School Bruegel Brussels, December 4 th 2015 Four parts I. Euro area economic recovery and
More informationB2B SUB-PANEL December 2013
W&S Company Limited is one of the top online market research service providers in Vietnam. In 2011, we established our actively managed panel named "Vinaresearch" and it has reached number of over 126,000
More informationTechnology + Innovation = Sustainability
Technology + Innovation = Sustainability David Woolley (CEO) & David Bessant (CFO) Q3 2012 Interim Report 1 Agenda Q3-12 Highlights DW Summary of financial results DB Economic head wind and de-stocking
More informationFinnish foreign trade 2014 Figures and diagrams. 27.2.2015 FINNISH CUSTOMS Statistics 1
Finnish foreign trade 214 Figures and diagrams 27.2.215 FINNISH CUSTOMS Statistics 1 IMPORTS, EXPORTS AND TRADE BALANCE 199-214 7 billion e 6 5 4 3 2 1-1 9 91 92 93 94 95 96 97 98 99 1 2 3 4 5 6 7 8 9
More informationTHE DELOITTE CFO SURVEY 2015 Q2 RESULTS PATH TO GROWTH
THE DELOITTE CFO SURVEY 2015 Q2 RESULTS PATH TO GROWTH 2 Contents Key points from the 2015 Q2 Survey 4 Economic context 5 The economy and CFOs outlook 6 Funding 7 Cash flow and risk 8 M&A 9 A note on methodology
More informationQuest for Growth. Press & Analyst Meeting. 23 January 2015
Quest for Growth Press & Analyst Meeting 23 January 2015 1 Agenda 2014 FY results and performance Quest for Growth Comments on quoted portfolio Comments on unquoted portfolio Questions and Answers 2 2014
More informationBiogas production in Germany: Status quo and future trends M.Sc. Georg Friedl, German Biogas Association www.renewables-made-in-germany.
Biogas production in Germany: Status quo and future trends M.Sc. Georg Friedl, German Biogas Association www.renewables-made-in-germany.com Overview German Biogas Association Biogas production in Germany:
More informationRole of ICTs and knowledge-based industries in industrial restructuring the Finnish experience
Role of ICTs and knowledge-based industries in industrial restructuring the Finnish experience Antti Eskola Ministry of Trade and Industry Helsinki, Finland UNECE Trade and Industry Development Week 24
More informationSEMICONDUCTOR INDUSTRY ASSOCIATION FACTBOOK
SEMICONDUCTOR INDUSTRY ASSOCIATION FACTBOOK The data included in the 2014 SIA Factbook helps demonstrate the strength and promise of the U.S. semiconductor industry and why it is critical for policymakers
More informationInnovative forms of purchase and inventory financing
Arno Schneider Executive Director WCF Finetrading GmbH, Munich 10 Arno Schneider WCF Finetrading GmbH Innovative forms of purchase and inventory financing Banks lending has become more restrictive, which
More informationfiscal year ended March 31, 2013
Earnings briefing for the fiscal year ended March 31, 2013 (held on May 9, 2013) http://www.fgl.co.jp/ Earnings forecasts and other forward-looking statements provided in this material are based on the
More informationFINANCIAL REPORT 31. MÄRZ 2013
FINANCIAL REPORT 31. MÄRZ 2013 www.einhell.com Dear shareholder, Macroeconomic trends have not significantly improved in the first three months of 2013. The continuing debt crisis in the euro zone with
More informationBusiness and Agricultural Loans
Business and Agricultural Loans Business Loan Proposals Fund based business requirements. Non fund based business requirement. Classification of Loans based on Loan Pricing Sub-PLR (Prime Lending Rate)
More information6-Month Report 2013 Focus on the Essence
6-Month Report 2013 Focus on the Essence Page 2 AUGUSTA 6-Month Report 2013 Key Figures in EUR thousand Q2 2012 Q2 2013 1 HY 2012 1 HY 2013 Key figures for consolidated statement of comprehensive income
More informationInterim Report January 1 st March 31 st, 2003
Interim Report January 1 st March 31 st, 2003 First Quarter 2003 Earnings before taxes increased by 23 per cent to 70 MSEK. Earnings after taxes increased by 36 per cent to 45 MSEK. Earnings per share
More informationJoint Stock Company Valmieras stikla šķiedra Reg. No. 40003031676 Cempu Street 13, Valmiera, LV-4201
Cempu Street 13, Valmiera, LV-4201 JOINT STOCK COMPANY VALMIERAS STIKLA ŠĶIEDRA Registration Number 40003031676 ended March 31 st 2016 UNAUDITED Made in accordance with the International Financial Reporting
More informationEuler Hermes the world leader in credit insurance RISK ASSESSMENT CREDIT INSURANCE DEBT COLLECTION
Euler Hermes the world leader in credit insurance RISK ASSESSMENT CREDIT INSURANCE DEBT COLLECTION Agenda 1 The Euler Hermes group 2 Our business 3 Our products and solutions 4 Our added value 2 The Euler
More information