August 9, 2018, Shanghai, China – Recently, Interroll Group, the world's leading supplier of material handling solutions, officially released its first half of 2018. According to the financial report, Interroll's business performance in the first half of the year was good. Sales, new orders and cash flow all maintained strong growth, and the second half of the year is expected to continue to stabilize.
In the first half of 2018, Interroll's net sales and orders in the global market reached record highs of up to 240.7 million Swiss francs and 324.6 million Swiss francs, respectively, up 18.4% and 32.8% year-on-year. Meanwhile, Interroll The Group's EBIT increased by 23.2% over the previous year to 25.3 million Swiss francs. During this period, Interroll continued to improve its global presence in Europe, the Middle East and Africa (EMEA), the Americas. The region and the Asia-Pacific region achieved sustainable growth, with the Asia-Pacific market showing the most outstanding performance. Sales and order volume surged 39.1% and 68.4%, respectively, both record highs. This is mainly benefited from China and the entire Asia-Pacific region. Continued market vibrancy, especially the increasing demand for internal logistics products.
In the first half of 2018, Interroll's main products continued to maintain steady growth. The sales and order volume of Interroll's drive products business increased by 17.7% and 16.3% respectively, among which, the demand for micro-electric drums in the Chinese market surged, orders The amount increased by 62.5% year-on-year, and the demand for electric drums also increased significantly. The relevant orders in the Asia-Pacific region increased by 30% year-on-year; conveyors and sorters continued to show strong, strong expansion trend, and comprehensive sales and order volume surged year-on-year. 39.7% and 72.5%; The dynamic warehousing system continued to rise, with consolidated sales and consolidated orders increasing by 11.9% and 19.1%, respectively.
In recent years, the growth rate of logistics demand in the Chinese market has been rising steadily. Especially in the first half of this year, China's logistics industry has achieved steady operation, improved quality and efficiency, driven by the overall sound economy and continuous improvement of the policy environment. According to preliminary estimates by the Federation of Logistics and Purchasing, in the first half of this year, the total amount of social logistics in the country will reach 130 trillion yuan, a year-on-year growth rate of 7.1%. The development of Interroll-related market segments such as express delivery and e-commerce is still growing rapidly. According to the National Development and Reform Commission, in the first half of this year, the volume of express delivery business totaled 22.08 billion pieces, exceeding the total amount in 2015. The accumulated express delivery revenue was 274.5 billion yuan, up 25.8% year-on-year; The retail sales reached 408 billion yuan, a year-on-year increase of 30.1%, and the growth rate was significantly higher than the total retail sales of consumer goods in the same period.
Dr. Xia Benchun, Executive Vice President of Interroll Group and President of Asia, said: 'The Chinese market has always been full of vitality, coupled with the development potential of other densely populated Asian countries such as Thailand, South Korea, the Philippines, etc. Optimistic, able to continue to provide huge opportunities for powerful companies. Today, China's logistics industry is striding forward in the stage of vector quality, requiring more innovation and quality technical support. Interroll has always attached great importance to technology research and development. Product innovation. In the 16 years of entering the Chinese market, Interroll has been deeply committed to bringing industry-leading technologies, products and solutions to the Chinese market, providing advanced internal logistics solutions for many Chinese companies. Teno will continue to explore the Asian market including China, continue to deepen its localization strategy, and leverage its products, technology and service advantages to help local enterprises stand out in complex market competition and accelerate transformation and upgrading.
Based on the stable performance and abundant orders in the first half of the year, especially due to the positive impact of the Asian market, Interroll Group is expected to continue its performance growth in the second half of the year, continue to exert its strength and sprint to higher targets.