BOGE Rubber & Plastics achieves record sales and extends its product portfolio with Fiberreinforced rubber-elastic coupling

Size: px
Start display at page:

Download "BOGE Rubber & Plastics achieves record sales and extends its product portfolio with Fiberreinforced rubber-elastic coupling"

Transcription

1 Automotive supplier remains on an expansion course BOGE Rubber & Plastics achieves record sales and extends its product portfolio with Fiberreinforced rubber-elastic coupling Sales grow by 8.6 percent in 2017 to million euros Stable investment level in 2017 and 2018 Consistent continuation of the internationalization strategy Strengthening the innovation culture Damme (April 27, 2018). The automotive supplier BOGE Rubber & Plastics achieved the highest sales in the company's history in the 2017 financial year. It grew by 8.6 percent to million euros. Adjusted for exchange-rate effects, sales growth even amounted to 9.7%. On the one hand, growth was driven by the good order situation across all product lines, a large number of product launches, and disproportionate growth in China. With the new plant in Mexico and the second plant in China, the supplier of vibration control and plastics solutions continued its international expansion course in In addition, the product portfolio is being continually expanded. Dr. Torsten Bremer, CEO of BOGE Rubber & Plastics, presented at the annual press conference at the company headquarters in Damme, Lower Saxony on Friday (April 27), Fiber-reinforced rubberelastic coupling -- the latest product from BOGE. The expansion of the product portfolio by the Fiber-reinforced rubber-elastic coupling has become possible because the BOGE Rubber & Plastics Group acquired the fixed assets and patent utility rights of Flexcon Germany GmbH in Mühldorf as of April 1, Flexcon Germany GmbH develops, produces and sells Fiber-reinforced rubber-elastic coupling such as those used in cardan shafts of rear and four-wheel drive motor vehicles as well as in many mobile and stationary industrial areas. The development and low volume production location of Flexcon-Germany GmbH in the Bavarian town of Mühldorf will be continued under the umbrella of BOGE Elastmetall GmbH. "The development expertise of Flexcon Germany GmbH ideally complements our international production presence. Thanks to this new product area, the overall program in the core area of

2 vibration technology from BOGE Rubber & Plastics is excellently rounded off, "emphasized Dr. Bremer. In the medium term, the BOGE Rubber & Plastics Group aims to generate sales in the double-digit million euro range per year with the Fiber-reinforced rubber-elastic coupling. In addition to this strategic portfolio expansion in the field of vibration technology, new product areas in the product line plastics support the expansion strategy. Lightweight components are increasingly applied in new vehicle design applications, in which the BOGE Rubber & Plastics Group participates disproportionately. Innovation culture the driver of competitiveness Dr. Bremer sees innovation culture as a key success factor associated with a clear focus on innovations for the automotive industry as well as for other industries: "To be more competitive, we have to become more agile and always aim to strive for constant improvement," says Dr. Bremer: "The challenge is to guarantee a high level of product quality and operational excellence throughout the world. With the innovation process initiated, we want to accelerate our innovative strength in terms of products as well as processes and materials. In addition to the demand for alternative vehicle drives, our acoustic design expertise and lightweight construction play a key role. Not least, the various innovation awards we have won in recent years bring further motivation to the entire team as they confirm quite clearly that the course we have taken is the right one which is also reflected in the market. " To consolidate its position as a leader in technology and innovation, the BOGE Rubber & Plastics Group invested more than EUR 50.7 million in the 2017 financial year - more than five percent of total sales. "For our internationalization and growth course, we still have the full support of our Chinese owner," said Dr. Bremer. With an investment volume of EUR 19.1 million, Germany ranked first in the 2017 financial year, followed by China (EUR 17.4 million) and Slovakia (EUR 10.8 million). Among the major investment projects at the Damme location were the plastic pedal modules (MQB platform, VW) and at the Simmern (Hunsrück) location, the MLBevo engine mount system for Audi (second generation Modular Longitudinal Toolkit) and the transmission mount for VW (platform MQB, A0). Major investment projects outside of Germany involved various

3 elastomeric chassis mounts for the customer Daimler (platform MFA 2) in Trnava (Slovakia) and the plastic pedal modules for various vehicle models of the Volkswagen Group in Qingpu (China). Internationalization 2017: New plant in Mexico and second plant in China Another important step in expanding the global presence was the opening of the plant in Mexico. In San Luis Potosí projects for all product lines in particular in the field of vibration control for chassis and powertrain suspension systems as well as plastic components and modules are realized. Among the first customers are Daimler and the VW Group. In the medium term, around 200 employees will work for BOGE in Mexico. With "BOGE Rubber & Plastics Zhuzhou Co. Ltd.", BOGE Rubber & Plastics now has a second plant in China. The Automotive Division of the owner Zhuzhou Times New Material Technology Co., Ltd. (TMT) has been integrated into the BOGE Rubber & Plastics Group. The BOGE plant in Zhuzhou focuses on automotive vibration control products and acoustic isolation components. Thus, BOGE has extended its product portfolio by acoustic products (passive insulation materials) for the automotive industry and industrial applications as well as truck chassis modules. Around 200 employees in Zhuzhou mainly produce products for customers in the truck and bus sector. Western Europe and China are the most important markets The analysis of sales by region shows that Western Europe remains the most important market for the global supplier of vibration control and plastics solutions in the automotive industry. In 2017, about 50 percent of Group sales were generated in this region, followed by China, already with a share of over 20 percent, Slovakia with around 15 percent and the United States with around 12 percent. Employees In financial year 2017, BOGE Rubber & Plastics employed an average of 4,183 people (previous year: 3,765 employees). The increase resulted mainly from the new plants in Mexico and China. Most employees are employed in Germany (about 1,800), followed by China (about 1,000), Slovakia (about 900) and the USA (about 250).

4 Outlook The BOGE Rubber & Plastics Group will continue its internationalization strategy in the coming years as well. Significant first ramp-ups at the new plant in Mexico will take place in 2018 and "In order to be able to continue to cope with the strong market growth of the automotive market in China and our customers, we will increase our market presence in China and the foundation stone has already been laid for a third factory," informed Dr. Bremer. The start of production in Wuxi, China is scheduled for This production capacity is expected to generate an annual sales increase of approximately EUR 100 million. This would increase BOGE Rubber & Plastics' total sales in China to over 250 million a year. The BOGE Rubber & Plastics Group wants to continue its growth course and therefore invests continuously. The planned investment level of EUR 48.2 million in 2018 will remain stable, with around EUR 18.5 million flowing to the Chinese locations, EUR 15.4 million to the Trnava (Slovakia) plant and EUR 10.0 million to Germany, of which 6.7 million euros to the Damme location. The significant investments in China and Slovakia also reflect the fact that, in the global automotive market, more than ever, the competitiveness of products plays a significant role in the supplier decisions of globally-purchasing automobile manufacturers in addition to technology expertise. Dr. Bremer: "BOGE Rubber & Plastics is ready to face these challenges in order to be able to grow faster than the market in the future." Photos:

5 Annual Press Conference The headquarters of BOGE Rubber & Plastics Group in Damme ((BOGE_Rubber_Plastics_Group_2018_Plant_Headquarter_Damme.jpg) The automotive supplier BOGE Rubber & Plastics has a new product in its portfolio: CEO Dr. Torsten Bremer presents a Fiber-reinforced rubber-elastic coupling. These are used, for example, in cardan shafts of rear and four-wheel drive motor vehicles, as well as in many mobile and stationary industrial areas. (BOGE_Rubber_Plastics_Group_2018_ Fiber-reinforced rubber-elastic coupling.jpg) The BOGE Rubber & Plastics Group, is a top player among the leading worldwide automotive suppliers in the field of rubber-metal and plastics technology and employs about 4,200 employees generating an annual consolidated turnover of approx. million 829 Euro (fiscal year 2017). The company headquartered in Damme (Germany) is represented internationally at eleven locations - Damme, Simmern, Bonn (Germany), Trnava (Slovakia), Fontenay (France), Sorocaba (Brazil), Dingley (Australia), Hebron (USA), Qingpu, Zhuzhou (both China) and San Luis Potosí (Mexico). The owner of BOGE Rubber & Plastics is the Chinese Zhuzhou Times New Material Technology Co., Ltd. (TMT). TMT is a subsidiary of China Railway Rolling Stock Corporation Ltd. (CRRC), a Group which employs about 180,000 people. For more information go to Media contact: Cord Witkowski Head of Public Relations Phone: cord.witkowski@boge-rubber-plastics.com

Continuity in internationalization: BOGE Rubber & Plastics on track for further growth

Continuity in internationalization: BOGE Rubber & Plastics on track for further growth Page 1/6, 28.04.2017 Automotive supplier reports record sales Continuity in internationalization: BOGE Rubber & Plastics on track for further growth Sales grew by 3.2 percent to EUR 763.4 million in 2016

More information

ZF posts record sales in 2017; announces increased research and development activities

ZF posts record sales in 2017; announces increased research and development activities Page 1/5, March 22, 2018 ZF posts record sales in 2017; announces increased research and development activities ZF chief executive officer announces further expansion of research and development activities

More information

Kiekert AG Corporate Information A company overview

Kiekert AG Corporate Information A company overview Kiekert AG Corporate Information A company overview Expected total turnover 2017: 880 million Euro Number of employees: 6,500 Production locations: 8: Germany, Czech Republic, Korea, USA, Mexico, China,

More information

New 950 million euro turnover record

New 950 million euro turnover record ENGEL increases its market shares around the world New 950 million euro turnover record Schwertberg, Austria June 2013. ENGEL set a new record in the 2012/2013 financial year by achieving a global turnover

More information

Evonik Corporate Venturing. Dr. Jürgen Finke Ecosummit 2012, Neuss November 14, 2012

Evonik Corporate Venturing. Dr. Jürgen Finke Ecosummit 2012, Neuss November 14, 2012 Evonik Corporate Venturing Dr. Jürgen Finke Ecosummit 2012, Neuss November 14, 2012 Focus on specialty chemicals Evonik is one of the global leaders in specialty chemicals Strong integrated technology

More information

New Pacesetter in the Aftermarket

New Pacesetter in the Aftermarket Page 1/5 July 7, 2016 New Pacesetter in the Aftermarket As of January 1 2017, ZF Services and TRW Aftermarket will act as one joint organization New number two in the global automotive aftermarket Fast

More information

Investor Relations Release

Investor Relations Release ... Investor Relations Release... October 04, 2007 Extraordinary Shareholders' Meeting to Decide on Renaming as Daimler AG Approximately 6,000 shareholders expected in Berlin Dr. Dieter Zetsche, Chairman

More information

Volkswagen s strategic realignment is delivering

Volkswagen s strategic realignment is delivering November 30, 2017 Volkswagen s strategic realignment is delivering Brand gives positive interim assessment after one year of TRANSFORM 2025+ Successful start to largest model offensive in the history of

More information

Weight-Saving ZF Technology for the Chassis

Weight-Saving ZF Technology for the Chassis Page 1/6, 2015-01-12 Weight-Saving ZF Technology for the Chassis Alternative materials as well as new designs and production methods save weight ZF has been manufacturing lightweight components in volume

More information

Valeo reports 14% growth in consolidated sales for third quarter 2011

Valeo reports 14% growth in consolidated sales for third quarter 2011 24.11 Valeo reports 14 growth in consolidated sales for third quarter 2011 Third quarter 2011-14 growth in consolidated sales (12 on a like-for-like basis 1 ) to 2,662 million euros - 17 growth in original

More information

Voith Group On a good footing for future growth

Voith Group On a good footing for future growth Voith Group On a good footing for future growth Stuttgart, December 7, 2017 Annual press conference Stuttgart December 7, 2017 Public 1 Contents 1. Where we now stand 1.1 Highlights in the 2016/17 fiscal

More information

Respect for customers, partners and staff. Service: another name for the respect that a company owes its customers, partners and staff.

Respect for customers, partners and staff. Service: another name for the respect that a company owes its customers, partners and staff. Respect for customers, partners and staff Service: another name for the respect that a company owes its customers, partners and staff. Vehicle glass KEY FIGURES (in EUR million) 2004 2003 % change Total

More information

Strong Foundation for Upcoming TRW Acquisition: ZF Significantly Increases Sales and Earnings

Strong Foundation for Upcoming TRW Acquisition: ZF Significantly Increases Sales and Earnings Page 1/6, March 10, 2015 Strong Foundation for Upcoming TRW Acquisition: ZF Significantly Increases Sales and Earnings Technology company increases sales by nine percent to EUR 18.4 billion Earnings before

More information

ZF shows the latest innovations of the wind industry at the Hanover Fair 2015

ZF shows the latest innovations of the wind industry at the Hanover Fair 2015 Page 1/5, February 3, 2015 ZF shows the latest innovations of the wind industry at the Hanover Fair 2015 With innovative wind turbine gearboxes in the power range from 1.5 MW to 6.15 MW, ZF Wind Power

More information

Automotive Division. Tryggve Sthen President, Automotive Division

Automotive Division. Tryggve Sthen President, Automotive Division Automotive Division Tryggve Sthen President, Automotive Division SKF Capital Markets Day 10 May 2011 Presentation outline Automotive Division update Division overview Key financials Business outlook The

More information

FISCAL YEAR MARCH 2014 FIRST HALF FINANCIAL RESULTS. New Mazda Axela (Overseas name: New Mazda3)

FISCAL YEAR MARCH 2014 FIRST HALF FINANCIAL RESULTS. New Mazda Axela (Overseas name: New Mazda3) FISCAL YEAR MARCH 2014 FIRST HALF FINANCIAL RESULTS New Mazda Axela (Overseas name: New Mazda3) Mazda Motor Corporation October 31, 2013 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2014 First Half

More information

Bosch intends to acquire all shares in ZF Lenksysteme. Presentation by Dr. Volkmar Denner, Chairman of the Board of Management of Robert Bosch.

Bosch intends to acquire all shares in ZF Lenksysteme. Presentation by Dr. Volkmar Denner, Chairman of the Board of Management of Robert Bosch. September 15, 2014 RF 00240-d Lo, Rg/Wä Bosch intends to acquire all shares in ZF Lenksysteme Presentation by Dr. Volkmar Denner, Chairman of the Board of Management of Robert Bosch GmbH, at the teleconference

More information

PKC Group establishes Joint Venture with JAC. Matti Hyytiäinen, President & CEO

PKC Group establishes Joint Venture with JAC. Matti Hyytiäinen, President & CEO PKC Group establishes 50-50 Joint Venture with JAC Matti Hyytiäinen, President & CEO 1 PKC Group makes a major breakthrough in China and establishes JV with JAC PKC Group has signed an agreement to establish

More information

Press Release. Combined know-how in digitalization. ITK Engineering AG set to become part of Bosch Group

Press Release. Combined know-how in digitalization. ITK Engineering AG set to become part of Bosch Group Combined know-how in digitalization set to become part of Bosch Group ITK Engineering is a leading provider for system and software development across industries Acquisition will strengthen Bosch s position

More information

BENTELER International AG, Page 1

BENTELER International AG, Page 1 BENTELER International AG, 2019 Page 1 Page 2 THE BENTELER GROUP #FAMILY OF DRIVEN PROFESSIONALS 04 THREE DIVISIONS UNDER ONE UMBRELLA 09 FIGURES 11 WHERE WE COME FROM 13 WHERE WE GO #GLOBAL PARTNER 17

More information

Keynote from Andreas Renschler, CEO Volkswagen Truck & Bus GmbH and Yoshio Shimo, President & CEO Hino Motors Ltd.

Keynote from Andreas Renschler, CEO Volkswagen Truck & Bus GmbH and Yoshio Shimo, President & CEO Hino Motors Ltd. Keynote from Andreas Renschler, CEO Volkswagen Truck & Bus GmbH and Yoshio Shimo, President & CEO Hino Motors Ltd.. THE SPOKEN WORD PREVAILS Tokyo, 12.04.2018 Good afternoon. I am Yoshio Shimo, President

More information

First in Mind First in Choice. Capital Markets Day 2006 Gunnar Brock, President and CEO

First in Mind First in Choice. Capital Markets Day 2006 Gunnar Brock, President and CEO First in Mind First in Choice Capital Markets Day 26 Gunnar Brock, President and CEO 1 December 4, 26 www.atlascopco.com Atlas Copco in a Snapshot Continuing operations A world leading provider of industrial

More information

News Release. BASF further broadens its technology base and global market access for battery materials

News Release. BASF further broadens its technology base and global market access for battery materials News Release BASF further broadens its technology base and global market access for battery materials BASF wants to become the world's leading system supplier of functional materials for high-performance

More information

FISCAL YEAR MARCH 2014 FINANCIAL RESULTS

FISCAL YEAR MARCH 2014 FINANCIAL RESULTS FISCAL YEAR MARCH 214 FINANCIAL RESULTS Mazda CX-5 Mazda Atenza Mazda Motor Corporation April 25, 214 New Mazda Axela 1 PRESENTATION OUTLINE Highlights Fiscal Year March 214 Results Fiscal Year March 215

More information

Joint Press Release of BASF, Arsenal and Foosung. BASF acquires Novolyte Technologies. April 26, 2012

Joint Press Release of BASF, Arsenal and Foosung. BASF acquires Novolyte Technologies. April 26, 2012 Joint Press Release of BASF, Arsenal and Foosung April 26, 2012 BASF acquires Novolyte Technologies BASF becomes global supplier of Lithium Battery Electrolyte formulations Further step to becoming leading

More information

Press release (blocking period: , 6:00) Industry Study. E-Mobility 2019: An International Comparison of Important Automotive Markets.

Press release (blocking period: , 6:00) Industry Study. E-Mobility 2019: An International Comparison of Important Automotive Markets. Press release (blocking period: 17.1.2019, 6:00) Industry Study E-Mobility 2019: An International Comparison of Important Automotive Markets. Consolidated sales trends for full-year 2018 and forecast for

More information

GROUP PRESENTATION. Milan, March 27 th &28 th 2012 SOGEFI GROUP

GROUP PRESENTATION. Milan, March 27 th &28 th 2012 SOGEFI GROUP GROUP PRESENTATION Milan, March 27 th &28 th 2012 1 PARIS, March OCTOBER 27 & 28 2012 11th WORLD LEADER Sogefi is a world leader in the design and manufacturing of engine filtration, air intake and cooling

More information

MAHLE surpasses own targets in first half of 2015

MAHLE surpasses own targets in first half of 2015 MAHLE surpasses own targets in first half of 2015 Double-digit growth in sales and operating profit Strategic acquisitions expand expertise in mechatronics and thermal management Innovations set new performance

More information

FISCAL YEAR ENDED MARCH 2011 FINANCIAL RESULTS

FISCAL YEAR ENDED MARCH 2011 FINANCIAL RESULTS FISCAL YEAR ENDED MARCH 211 FINANCIAL RESULTS Mazda Motor Corporation April 28, 211 Mazda MINAGI 1 PRESENTATION OUTLINE Highlights Fiscal Year Ended March 211 Results In Summary Question & Answer Session

More information

Annual General Meeting Infineon Technologies AG

Annual General Meeting Infineon Technologies AG Annual General Meeting Infineon Technologies AG Peter Bauer, Chief Executive Officer Infineon Technologies AG Munich, February 17, 2011 Infineon is in a better shape than ever before Restructuring Refinancing

More information

Jointly towards a long term sustainable energy supply

Jointly towards a long term sustainable energy supply Jointly towards a long term sustainable energy supply Lars G. Josefsson, CEO Vattenfall, CEO Nuon 23 February 2009 Agenda Nuon & Vattenfall: a great partnership Rationale for Nuon Rationale for Vattenfall

More information

THIS IS VBG GROUP. Vänersborg,

THIS IS VBG GROUP. Vänersborg, THIS IS VBG GROUP Vänersborg, 2016-03-01 THIS IS VBG GROUP Publicy traded international industrial group. Three divisions. Total turnover of SEK 1.3 billion in 2015. Founded 1951 by Herman Krefting. Head

More information

TraXon Hybrid Makes Long-Distance Traffic Even More Economical

TraXon Hybrid Makes Long-Distance Traffic Even More Economical Page 1/5, 2015-03-26 TraXon Hybrid Makes Long-Distance Traffic Even More Economical New ZF transmission allows for use of hybrid technology in heavy trucks Potential for considerable fuel and emission

More information

Oerlikon continues strong profitable sales growth

Oerlikon continues strong profitable sales growth Nine-month Results 2011 Oerlikon continues strong profitable sales growth Oerlikon s efficient sales conversion, new products and disciplined implementation of operational excellence initiatives deliver

More information

FISCAL YEAR MARCH 2015 FIRST HALF FINANCIAL RESULTS. New Mazda Demio

FISCAL YEAR MARCH 2015 FIRST HALF FINANCIAL RESULTS. New Mazda Demio FISCAL YEAR MARCH 2015 FIRST HALF FINANCIAL RESULTS New Mazda Demio Mazda Motor Corporation October 31, 2014 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2015 First Half Results Fiscal Year March

More information

Q1/2008 operating profit: up 43 percent from 318 million a year ago to 455 million Q1 sales increase of 16 percent to 3.8 billion

Q1/2008 operating profit: up 43 percent from 318 million a year ago to 455 million Q1 sales increase of 16 percent to 3.8 billion MAN AG The MAN Group in Q1/2008 Solid start in anniversary year Munich, April 25, 2008 Q1/2008 operating profit: up 43 percent from 318 million a year ago to 455 million Q1 sales increase of 16 percent

More information

Annual press conference on April 29, 2015 Press images

Annual press conference on April 29, 2015 Press images Annual press conference on April 29, 2015 Press images 1-RB-21093 Industry 4.0 focus on the user Bosch is on its way to becoming both lead provider and lead exponent in the area of connected production.

More information

ENGEL passes 100 million euro mark in Asia production capacity in Shanghai doubled

ENGEL passes 100 million euro mark in Asia production capacity in Shanghai doubled ENGEL passes 100 million euro mark in Asia production capacity in Shanghai doubled Shanghai/China April 2012. In the fiscal year 2011/2012, ENGEL AUSTRIA generated sales of over 100 million in Asia for

More information

Statement Dr. Norbert Reithofer Chairman of the Board of Management of BMW AG Conference Call Interim Report to 30 June August 2014, 10:00 a.m.

Statement Dr. Norbert Reithofer Chairman of the Board of Management of BMW AG Conference Call Interim Report to 30 June August 2014, 10:00 a.m. - Check against delivery - Statement Dr. Norbert Reithofer Chairman of the Board of Management of BMW AG Conference Call Interim Report to 30 June 2014, 10:00 a.m. Ladies and Gentlemen! Since July, Europe

More information

Media Conference Takeover and Integration of RWD Schlatter AG into AFG Arbonia-Forster-Holding AG

Media Conference Takeover and Integration of RWD Schlatter AG into AFG Arbonia-Forster-Holding AG Media Conference Takeover and Integration of RWD Schlatter AG into AFG Arbonia-Forster-Holding AG SpeechpresentedbyDr.EdgarOehler CEOandChairmanoftheBoardofDirectors AFGArbonia-Forster-HoldingAG,Arbon

More information

Volkswagen Group Capital Markets Day 2017 Volkswagen Truck & Bus

Volkswagen Group Capital Markets Day 2017 Volkswagen Truck & Bus Volkswagen Group Capital Markets Day 2017 Volkswagen Truck & Bus Andreas Renschler Board of Management, Commercial Vehicles Capital Markets Day, 14 th of March 2017 Disclaimer The following presentations

More information

2015 Interim Results. Levallois, July 23 th, 2015

2015 Interim Results. Levallois, July 23 th, 2015 2015 Interim Results Levallois, July 23 th, 2015 CONTENTS H1 2015 Highlights 2015 Interim Results Outlook H1 2015 Highlights DATE Improvement in all metrics 4 H1 2015 Key metrics Economic Sales * : 2,945

More information

Presentation on the acquisition of Torqeedo GmbH: On our way to becoming market leader for innovative drive systems

Presentation on the acquisition of Torqeedo GmbH: On our way to becoming market leader for innovative drive systems Presentation on the acquisition of Torqeedo GmbH: On our way to becoming market leader for innovative drive systems 28 September 2017 Dr Frank Hiller, CEO Dr Margarete Haase, CFO Fast Forward looking Sustainable

More information

Mazda Motor Corporation June 17, 2011

Mazda Motor Corporation June 17, 2011 FY ENDING MARCH 2012 FINANCIAL FORECAST New MAZDA Demio 13-SKYACTIV Mazda Motor Corporation June 17, 2011 1 PRESENTATION OUTLINE FY ending March 2012 Forecast Updates of Framework for Medium- and Long-term

More information

ZF TRW Highlights Why Automated Driving Starts with Safety at the Tokyo Motor Show

ZF TRW Highlights Why Automated Driving Starts with Safety at the Tokyo Motor Show Page 1/5, October 28, 2015 ZF TRW Highlights Why Automated Driving Starts with Safety at the Tokyo Motor Show Industry s widest breadth and depth of safety systems form the basis for automated driving

More information

Start of Volume Production: New Generation of the ZF 8-Speed Automatic Transmission in the BMW 5 Series

Start of Volume Production: New Generation of the ZF 8-Speed Automatic Transmission in the BMW 5 Series Page 1/5, 2015-04-20 Start of Volume Production: New Generation of the ZF 8-Speed Automatic Transmission in the BMW 5 Series Further savings potential of up to three percent Focus of developers: Reducing

More information

The World s Largest Injection Moulding Machine Manufacturer

The World s Largest Injection Moulding Machine Manufacturer The World s Largest Injection Moulding Machine Manufacturer Official Sales and Servicepartner of www.haitian.co.uk PRODUCTION AND GROWTH Established in 1966 and world leaders in injection moulding since

More information

FISCAL YEAR MARCH 2015 FIRST QUARTER FINANCIAL RESULTS. Mazda Roadster 25 th Anniversary Model

FISCAL YEAR MARCH 2015 FIRST QUARTER FINANCIAL RESULTS. Mazda Roadster 25 th Anniversary Model FISCAL YEAR MARCH 2015 FIRST QUARTER FINANCIAL RESULTS Mazda Roadster 25 th Anniversary Model Mazda Motor Corporation July 31, 2014 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2015 First Quarter

More information

Our aspiration. Value-oriented corporate policy

Our aspiration. Value-oriented corporate policy Our aspiration Value-oriented corporate policy For Edscha, a value-oriented corporate policy is an indispensable basis for business. It is supported by all employees. The key to top performance, sound

More information

BASF s Polyurethanes Division Driving efficiency, comfort and sustainability

BASF s Polyurethanes Division Driving efficiency, comfort and sustainability Raimar Jahn President Polyurethanes Division September 5, 2012 BASF s Polyurethanes Division Driving efficiency, comfort and sustainability Polyurethanes a strategic fit for BASF BASF Group sales 2011

More information

Zero-Emission Future: ZF Electric Drives for Passenger Cars

Zero-Emission Future: ZF Electric Drives for Passenger Cars Page 1/5, 2015-01-12 Zero-Emission Future: ZF Electric Drives for Passenger Cars Electric axle module can be used as an efficient drive for purely electric subcompact and compact cars or as an electric

More information

Constantly Revisit Service Quality

Constantly Revisit Service Quality Page 1/5, June 23, 2015 Constantly Revisit Service Quality ZF Services solutions ensure mobility worldwide Product brands must be maintained Networked with the future ZF Services ensures that ZF systems

More information

Porsche Group Shareholders Letter for the First Six Months of the Fiscal Year

Porsche Group Shareholders Letter for the First Six Months of the Fiscal Year Porsche Group Shareholders Letter for the First Six Months of the 2005 06 Fiscal Year Dear Shareholders, Porsche s decision to acquire a holding in Volkswagen was a major topic of discussion during the

More information

Project Title: Benefits: Value: 26 million Duration: 30 months. Partners: ACTIVE Advanced Combustion Turbocharged Inline Variable Valvetrain Engine.

Project Title: Benefits: Value: 26 million Duration: 30 months. Partners: ACTIVE Advanced Combustion Turbocharged Inline Variable Valvetrain Engine. Project Title: Benefits: ACTIVE Advanced Combustion Turbocharged Inline Variable Valvetrain Engine. Accelerate the introduction of low carbon technologies targeting very substantial CO 2 savings. Value:

More information

ZF Services [pro]tech Workshop Concept Continues to Grow After Three Years 2015 Offers Major Potential for Partners and Newcomers

ZF Services [pro]tech Workshop Concept Continues to Grow After Three Years 2015 Offers Major Potential for Partners and Newcomers Page 1/5, April 14, 2015 ZF Services [pro]tech Workshop Concept Continues to Grow After Three Years 2015 Offers Major Potential for Partners and Newcomers ZF Services [pro]tech improves opportunities through

More information

"International Location Strategies of the European commercial vehicle manufacturers"

International Location Strategies of the European commercial vehicle manufacturers VDA Press Workshop, July 14, 2006 "International Location Strategies of the European commercial vehicle manufacturers" Håkan Samuelsson Chairman of the Executive Board of MAN AG 1 Agenda An Overview of

More information

BMW Group Corporate and Governmental Affairs

BMW Group Corporate and Governmental Affairs 3 November 2010 - Please check against delivery - Statement by Dr. Norbert Reithofer Chairman of the Board of Management of BMW AG 3 November 2010, 10:00 a.m. Good morning, Ladies and Gentlemen! The BMW

More information

Automechanika 2018: ZF Aftermarket Presents Innovative Portfolio and Infotainment in Hall 3

Automechanika 2018: ZF Aftermarket Presents Innovative Portfolio and Infotainment in Hall 3 Page 1/5, 2018-07-11 Automechanika 2018: Presents Innovative Portfolio and Infotainment in Hall 3 A clear focus on smart solutions and innovative technology Hybrid technology with the VOX Car Doctors in

More information

Audi: the number one premium brand

Audi: the number one premium brand Investor Visit to AUDI AG, Ingolstadt, 22 nd September 2010 Audi: the number one premium brand Axel Strotbek CFO, Member of the Board, AUDI AG Development in deliveries to customers Audi [in thousand vehicles]

More information

Establishment of Joint Venture with PSA for EV Traction Motor Business

Establishment of Joint Venture with PSA for EV Traction Motor Business NIDEC CORPORATION Establishment of Joint Venture with PSA for EV Traction Motor Business Nidec Corporation December 4 th, 2017 Note Regarding Forward-looking Statements These presentation materials and

More information

Accuride Wheels Europe & Asia Introduction Scott Hazlett, President 20 September 2018

Accuride Wheels Europe & Asia Introduction Scott Hazlett, President 20 September 2018 Combined Strength. Global Reach. Accuride Wheels Europe & Asia Introduction Scott Hazlett, President 20 September 2018 AccurideCorp.com Accuride Corporation Leading Supplier to NA + EU truck/trailer industry

More information

Increase of the sales by 33% mainly due to the Safelite acquisition

Increase of the sales by 33% mainly due to the Safelite acquisition 36 - Vehicle Glass Repair and Replacement Increase of the sales by 33% mainly due to the Safelite acquisition 37 Key events in Vehicle Glass Repair and Replacement January 2007 The launch in the UK of

More information

LANXESS to expand capacities for highperformance

LANXESS to expand capacities for highperformance to expand capacities for highperformance rubber in U.S. Additional 20,000 tons per year SSBR and Nd-PBR in Orange, Texas Completion of debottlenecking project for 15,000 tons per year Nd-PBR in Orange

More information

Press release on the business development of the MAHLE Group in 2013

Press release on the business development of the MAHLE Group in 2013 Press release on the business development of the MAHLE Group in 2013 Stuttgart, April 17, 2014 2013 business year dominated by the ongoing strategic development of the product portfolio Sales Total sales

More information

ZF Honors Employees with Invention Award

ZF Honors Employees with Invention Award Page 1/6, 2015-05-20 ZF Honors Employees with Invention Award Technology company honors six outstanding innovative individual and team inventions The company-wide Invention Award was named after Grafvon-Soden,

More information

Annual Press Conference

Annual Press Conference Annual Press Conference Stuttgart, 16 December 2016 Prof. Dr. Michael Kaschke President & Chief Executive Officer Thomas Spitzenpfeil Chief Financial Officer ZEISS Group, 2015/16 Annual Press Conference

More information

Agenda. Review. Strategy. Outlook

Agenda. Review. Strategy. Outlook 1 Agenda Review 2006 Strategy Outlook 2007 2 Highlights 2006 Focus on Transport-Related Engineering Strong operational performance in all business areas Strong market environment Initiative taken for truck

More information

Dr. Dieter Zetsche at the Annual Shareholders Meeting: Growth and efficiency: Daimler is staying the course.

Dr. Dieter Zetsche at the Annual Shareholders Meeting: Growth and efficiency: Daimler is staying the course. Investor Relations Release Dr. Dieter Zetsche at the Annual Shareholders Meeting: Growth and efficiency: Daimler is staying the course. April 10, 2013 Affirmation of long-term strategy and goals Start

More information

THREE MONTHS REPORT, JAN MARCH 2016

THREE MONTHS REPORT, JAN MARCH 2016 THREE MONTHS REPORT, JAN MARCH 2016 TELEPHONE CONFERENCE 26 APRIL, 2016, AT 14:30 CET TOMMY ANDERSSON, PRESIDENT AND CEO HELENA WENNERSTRÖM, EVP AND CFO TO PARTICIPATE, PLEASE CALL 5 MINUTES BEFORE THE

More information

BMW Group posts record earnings for 2010

BMW Group posts record earnings for 2010 10.03.2011 BMW Group posts record earnings for 2010 Profit before tax rises to euro 4,836 million Profit before financial result climbs to euro 5,094 million Automobiles segment reports EBIT of euro 4,355

More information

Strategy Implementation of VOLKSWAGEN

Strategy Implementation of VOLKSWAGEN 2012 Strategy Implementation of VOLKSWAGEN Department Of Business Administration, University Of Lucknow Submitted To: Prof. J.K. Sharma Submitted By: Ankit Kamal Roll No.06 MBA (EB) Sem IV Index Introduction

More information

NAVISTAR ANNOUNCES WIDE-RANGING STRATEGIC ALLIANCE WITH VOLKSWAGEN TRUCK & BUS

NAVISTAR ANNOUNCES WIDE-RANGING STRATEGIC ALLIANCE WITH VOLKSWAGEN TRUCK & BUS Navistar International Corporation 2701 Navistar Dr. Lisle, IL 60532 USA P: 331-332-5000 W: navistar.com Media contacts: Lyndi McMillan, Lyndi.McMillan@Navistar.com, +1 331 332 3181 Claudia Gray, Cgray@Brunswickgroup.com,

More information

Alfen acquires Elkamo in Finland A platform for expansion in the Nordics

Alfen acquires Elkamo in Finland A platform for expansion in the Nordics Alfen acquires Elkamo in Finland A platform for expansion in the Nordics 2 July 2018 Disclaimer This communication may include forward-looking statements. All statements other than statements of historical

More information

Automotive Division. Tryggve Sthen President, Automotive Division

Automotive Division. Tryggve Sthen President, Automotive Division Automotive Division Tryggve Sthen President, Automotive Division Presentation outline The Automotive Division 2006 key achievements Industry outlook & trends Continuous cost reduction Automotive Division

More information

FISCAL YEAR MARCH 2018 FIRST QUARTER FINANCIAL RESULTS

FISCAL YEAR MARCH 2018 FIRST QUARTER FINANCIAL RESULTS FISCAL YEAR MARCH 2018 FIRST QUARTER FINANCIAL RESULTS PRESENTATION OUTLINE Highlights Fiscal Year March 2018 First Quarter Results Fiscal Year March 2018 Full Year Forecast Structural Reform Stage 2 Progress

More information

New acquisitions in Industrial. Control and Automation. Crouzet Automatismes. Automation components. Positec. Stepper motors and servo motors

New acquisitions in Industrial. Control and Automation. Crouzet Automatismes. Automation components. Positec. Stepper motors and servo motors New acquisitions in Industrial Control and Automation Crouzet Automatismes Automation components Positec Stepper motors and servo motors Contents Schneider ElectricÕs strategy in the Industry Market Crouzet

More information

NAIAS Klaus Rosenfeld CEO Schaeffler AG January 15, 2018

NAIAS Klaus Rosenfeld CEO Schaeffler AG January 15, 2018 NAIAS 2018 Klaus Rosenfeld CEO Schaeffler AG January 15, 2018 Agenda 1 2 3 4 Overview Schaeffler Group Strategy "Mobility for tomorrow" Technology competence as a key growth driver Summary 2 1 Overview

More information

PKC Group Establishes 50-50% Joint Venture with Jiangsu Huakai Wire Harness Co. Ltd. Matti Hyytiäinen, President & CEO

PKC Group Establishes 50-50% Joint Venture with Jiangsu Huakai Wire Harness Co. Ltd. Matti Hyytiäinen, President & CEO PKC Group Establishes 50-50% Joint Venture with Jiangsu Huakai Wire Harness Co. Ltd. Matti Hyytiäinen, President & CEO 1 PKC Group Expands its Business in China and Establishes a Joint Venture with a Chinese

More information

RENAULT-NISSAN ALLIANCE DELIVERS SIGNIFICANT GROWTH IN 2016, EXTENDS ELECTRIC VEHICLE SALES RECORD

RENAULT-NISSAN ALLIANCE DELIVERS SIGNIFICANT GROWTH IN 2016, EXTENDS ELECTRIC VEHICLE SALES RECORD RENAULT-NISSAN ALLIANCE DELIVERS SIGNIFICANT GROWTH IN 2016, EXTENDS ELECTRIC VEHICLE SALES RECORD Alliance sales reach 9,961,347 vehicles in 2016 one in nine cars sold worldwide. The Alliance confirms

More information

Investor Meeting June 16 th 2017

Investor Meeting June 16 th 2017 Investor Meeting June 16 th 2017 Last month, deliveries increased worldwide MAY 2017 vs. 2016 Germany 50,800 +6.0 % Europe 99,800 +5.9 % International 35,700-9.1 % North America 50,600-1.9 % South America

More information

World premiere at Hannover Messe: ZF s highly automated forklift can see, think and act

World premiere at Hannover Messe: ZF s highly automated forklift can see, think and act Page 1/5, April 23, 2018 World premiere at Hannover Messe: ZF s highly automated forklift can see, think and act High-speed innovations: Technology company transfers expertise from other divisions to the

More information

Corporate Communications. Media Information 15 March 2011

Corporate Communications. Media Information 15 March 2011 15 March 2011 BMW Group aims to further increase earnings in 2011 EBIT margin of over 8% expected in Automobiles segment Sales volume of well in excess of 1.5 million vehicles targeted Margin of 8% to

More information

1959 March Production commences at Yulon Motor Co., Ltd. in Taiwan, the Company s first overseas KD factory.

1959 March Production commences at Yulon Motor Co., Ltd. in Taiwan, the Company s first overseas KD factory. Corporate History 1980 July Nissan Motor Manufacturing Corporation U.S.A. is established. 1933 1940 1935 April The first car manufactured by a fully integrated assembly system rolls off the line at the

More information

Statement Harald Krüger Chairman of the Board of Management of BMW AG Conference Call Interim Report to 31 March May 2018, 10:00 a.m.

Statement Harald Krüger Chairman of the Board of Management of BMW AG Conference Call Interim Report to 31 March May 2018, 10:00 a.m. Media Information - Check against delivery - Statement Harald Krüger Chairman of the Board of Management of BMW AG Conference Call Interim Report to 31 March 2018, 10:00 a.m. CEDT Good morning, Ladies

More information

CONFERENCE CALL RESULTS Q1 2017

CONFERENCE CALL RESULTS Q1 2017 CONFERENCE CALL RESULTS Q1 2017 May 5, 2017 Marc Bunz (CFO) Nicolas-Fabian Schweizer (CTO) AGENDA Market & Strategy Update Financials 2016 Financials Q1 2017 Outlook SCHWEIZER Share Schweizer Electronic

More information

see. think. act. ZF cpower

see. think. act. ZF cpower see. think. act. ZF cpower ZF cpower Tailor-made for the markets The fully powersplit, continuously variable technology benefits from the long-term experience gained in the agricultural machinery sector

More information

Zurich, February 16, 2012, Ulrich Spiesshofer Discrete Automation and Motion Driving profitable growth. ABB Group February 16, 2012 Slide 1

Zurich, February 16, 2012, Ulrich Spiesshofer Discrete Automation and Motion Driving profitable growth. ABB Group February 16, 2012 Slide 1 Zurich, February 16, 2012, Ulrich Spiesshofer Discrete Automation and Motion Driving profitable growth February 16, 2012 Slide 1 2011 a year of profitable growth Highlights Discrete automation Build sizeable

More information

Volvo. Volvo Cars is the passenger vehicle maker now owned by Ford Motor Company, using the Volvo Trademark. AB Volvo. Worldwide

Volvo. Volvo Cars is the passenger vehicle maker now owned by Ford Motor Company, using the Volvo Trademark. AB Volvo. Worldwide Volvo Volvo Cars is the passenger vehicle maker now owned by Ford Motor Company, using the Volvo Trademark. AB Volvo Type Public (OMX: VOLV B) Founded 1927 by SKF Headquarters Gothenburg, Sweden Area served

More information

Corporate Communications. Media Information 2 August Check against delivery - Ladies and Gentlemen,

Corporate Communications. Media Information 2 August Check against delivery - Ladies and Gentlemen, Media Information - Check against delivery - Statement Dr. Nicolas Peter Member of the Board of Management of BMW AG, Finance Conference Call Interim Report to 30 June 2018, 10:00 a.m. CEDT Ladies and

More information

Stationary Energy Storage Solutions 3. Stationary Energy Storage Solutions

Stationary Energy Storage Solutions 3. Stationary Energy Storage Solutions Stationary Energy Storage Solutions 3 Stationary Energy Storage Solutions 2 Stationary Energy Storage Solutions Stationary Storage: Key element of the future energy system Worldwide growing energy demand,

More information

BMW Group Investor Relations.

BMW Group Investor Relations. Capital Markets Day China 2010 Beijing September 16, 2010 - Please check against delivery - Statement by Dr. Friedrich Eichiner Member of the Board of Management of BMW AG, Finance Capital Markets Day

More information

Asia, the Americas. Open horizons.

Asia, the Americas. Open horizons. Asia, the Americas Open horizons. In the dynamic automotive market, Daimler is raising its flag all over the world. Perfectly positioned, we are systematically expanding our strong presence in the established

More information

STIHL continues to grow and presents world firsts

STIHL continues to grow and presents world firsts Waiblingen, April 29, 2014 STIHL continues to grow and presents world firsts First carbon lightweight chain saw with electronic injection First cordless cut-off machine The STIHL Group achieved a turnover

More information

News Release. Advancing further into a growing market. K 2013 Trade Press Conference June 25 and 26 in Ludwigshafen, Germany

News Release. Advancing further into a growing market. K 2013 Trade Press Conference June 25 and 26 in Ludwigshafen, Germany News Release June 26, 2013 P 309/13e Raphael Christoph Bucher Telefon: +41 61 63-61275 raphaelchristoph.bucher@basf.com K 2013 Trade Press Conference June 25 and 26 in Ludwigshafen, Germany Advancing further

More information

Check against delivery

Check against delivery Axel Strotbek Member of the Board of Management of AUDI AG Finance and Organization Speech at the Annual Press Conference Ingolstadt, March 11, 2014 Check against delivery Ladies and gentlemen, I also

More information

FISCAL YEAR MARCH 2015 THIRD QUARTER FINANCIAL RESULTS. Updated Mazda CX-5 (Japanese specification model)

FISCAL YEAR MARCH 2015 THIRD QUARTER FINANCIAL RESULTS. Updated Mazda CX-5 (Japanese specification model) FISCAL YEAR MARCH 2015 THIRD QUARTER FINANCIAL RESULTS Updated Mazda CX-5 (Japanese specification model) Mazda Motor Corporation February 4, 2015 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2015

More information

Corteco - Automotive Spare Parts in OEM Quality

Corteco - Automotive Spare Parts in OEM Quality COMPANY PROFILE Corteco - Automotive Spare Parts in OEM Quality Corteco is the IAM specialist of the Freudenberg Group for seals and vibration technology as well as cabin air filters. Garages benefit from

More information

INVESTOR PRESENTATION MARCH 13, Page 1

INVESTOR PRESENTATION MARCH 13, Page 1 INVESTOR PRESENTATION MARCH 13, 2017 Page 1 Page 2 Forward Looking Statements This presentation contains forward looking statements, including: estimated revenue; gross margin; cash operating costs; adjusted

More information

FUEL ECONOMY STANDARDS:

FUEL ECONOMY STANDARDS: MOTOR & EQUIPMENT MANUFACTURERS ASSOCIATION FUEL ECONOMY STANDARDS: INVESTMENTS AND JOBS IN THE U.S. ARE ON THE LINE NOVEMBER 27, 2018 Fuel Economy Standards: Investments and Jobs in the U.S. Are on the

More information

Statement Harald Krüger Chairman of the Board of Management of BMW AG Conference Call Interim Report to 30 September November 2016, 10:00 a.m.

Statement Harald Krüger Chairman of the Board of Management of BMW AG Conference Call Interim Report to 30 September November 2016, 10:00 a.m. Media Information - Check against delivery - Statement Harald Krüger Chairman of the Board of Management of BMW AG Conference Call Interim Report to 30 September 2016, 10:00 a.m. Good morning, ladies and

More information