Kraussmafi Financial Highlights 2017
The operating revenue in 2017 was 1.37 billion euros, an increase of 8% year-on-year;
The Chinese market is still the main engine of growth. China National Chemical Industry Group plays an important role in extending the Chinese market to KraussMaffei;
Long-term planning will focus on digitization, automation and regional markets;
It is planned to be listed on the Shanghai Stock Exchange in China. The relevant approval process is currently in progress.
Revenue of 1.37 billion Euros, an increase of 8% year-on-year. KraussMaffei plans to list in China
The Krauss Maffei Group still maintained strong growth in 2017. The demand for new technologies and services in the Chinese market has created conditions for the continuous growth of KraussMaffei.
Revenue in 2017 was 1.37 billion Euros, an increase of 8% year-on-year, and new orders increased by 6%
'We are pleased with the performance in 2017', said Dr. Frank Stieler, CEO of KraussMaffei Group. 'We managed to break the record of 2016 revenues and orders. In particular, our shareholder, China National Chemical Corporation, is We have played an important role in expanding the Chinese market. The demand for advanced technologies in the Chinese market is growing. Our products are popular in injection molding and reaction technology. We will adjust products according to the needs of different regional markets.
2018 investment amounting to 67 million euros, an increase of 81% over the same period of last year
Digitalization, automation has become the current mainstream of global industrial development. The KraussMaffei Group expects the Group to continue to grow in the future. In 2017, KraussMaffei Group put a series of high-quality machines into the market, and the flexibility of the machine Networking and configuration are very popular.
To further satisfy the market's demand for technological innovation and continuous service growth, KraussMaffei Group plans to invest in its machinery clusters, IT infrastructure and software. The capital investment in 2018 amounts to 67 million Euros, an increase of 81% over the same period of last year. .
Adjusting strategies to adapt to the development of new digital related businesses
On the occasion of its 180th anniversary, the KraussMaffei Group will define a new strategy through its 'Compass' project. 'We will develop new products and services for digitization and new business models based on the accumulation of existing technologies. To respond to the ever-changing global technological changes'.
In addition, KraussMaffei also plans to list on the stock exchange of China, which will help KraussMaffei implement the mid- to long-term development plan. At present, KraussMaffei’s China listing plan is still relevant in China. The department's approval.