EANS-News: Semperit AG Holding
From 0 to 100 in 11 months - Semperflex
Surpasses 100 Million Metre Hose Production Threshold
02.12.2014 – 14:48
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information The Segment Semperflex of the publicly listed Semperit Group has achieved a new production record. For the first time in the company's history, the world's leading manufacturer of hydraulic and industrial hoses produced more than 100 million metres of hoses within a period of one year. The new all-time-high was already achieved at the beginning of December 2014 after a period of 11 months. Since 1996 Semperflex has increased its hose production volume more than tenfold from 10 million metres to more than 100 million metres in 2014. This record output would enable Semperit hoses to circle the globe about two and a half times. "The new production record is the result of our successful growth strategy. We managed to expand and increase our market share even in economically difficult times because we positioned ourselves to operate in an even more global and customer-oriented manner. We are further strongly expanding production capacities because we remain optimistic concerning our long-term growth potential. Additional capacity will be available as of the first quarter of 2015 at the Odry site, which is already Europe's largest hose production plant", says Semperit CEO Thomas Fahnemann in commenting on the success of Semperflex in surpassing the 100 million metre milestone. Recently business of the Segment Semperflex developed more favourably than the overall market. Semperflex counteracted the weaker market development by intensifying its sales and marketing activities as a means of increasing its market share. About Semperit The publicly listed company Semperit AG Holding is an internationally-oriented group that develops, produces, and sells in more than 100 countries highly specialised rubber and plastic products for the medical and industrial sectors: examination and surgical gloves, hydraulic and industrial hoses, conveyor belts, escalator handrails, construction profiles, cable car rings, and products for railway superstructures. The headquarters of this long-standing Austrian company, which was founded in 1824, are located in Vienna, and the global R & D centre is in Wimpassing, Lower Austria. The Semperit Group employs about 11,600 people worldwide, including close to 9,000 in Asia and more than 800 in Austria (Vienna and production site in Wimpassing, Lower Austria). The Group has 22 manufacturing facilities worldwide and numerous sales offices in Europe, Asia, and America. In 2013 the group generated sales of EUR 906 million and an EBITDA of EUR 133 million. About Semperflex The Semperflex segment of the Semperit Group develops, manufactures and markets worldwide hydraulic hoses, industrial hoses, elastomer sheeting and abrasion protection. Production at sites in Austria, Czech Republic, Italy, Germany, China and Thailand takes place in line with the highest quality standards. Semperflex plans to further strengthen its leading market position by continually expanding production capacities and increasing its presence on growth markets. In 2013 the Semperflex segment generated revenue of EUR 186 million (about 21% of Group revenue) and an EBITDA of EUR 42 million. Further inquiry note: Martina Büchele Head of Group Communications Tel.: +43 676 8715 8621 martina.buechele@semperitgroup.com www.semperitgroup.com ; Stefan Marin Investor Relations Tel.: +43 676 8715 8210 stefan.marin@semperitgroup.com end of announcement euro adhoc -------------------------------------------------------------------------------- company: Semperit AG Holding Modecenterstrasse 22 A-1030 Wien phone: +43 1 79 777-210 FAX: +43 1 79 777-602 mail: investor@semperitgroup.com WWW: www.semperitgroup.com sector: Synthetics & Plastics ISIN: AT0000785555 indexes: WBI, ATX Prime, ViDX, Prime Market, ATX Global Players stockmarkets: official market: Wien language: English
Original content of: Semperit AG Holding, transmitted by news aktuell