Dieffenbacher Achieves Record Sales

The Dieffenbacher Group’s overall sales rose by more than 31 percent in 2005 compared to the previous year, to 232 million Euros.

“That’s the highest turnover in our 133-year company history,” comments CEO Wolf-Gerd Dieffenbacher. The equity capital rose to just under 42 million € at the end of last year, also a record level. The figure for the previous year was 32 million €. The internationally active group of companies develops and manufactures press systems and complete production systems for the wood panel industry, the automotive and components industries. It employs approx. 900 people worldwide, about 520 of whom are at the headquarters in Eppingen and 100 in countries outside Germany.

The distribution of orders received in the completed business year was more geographically even than during previous years in which China dominated. In 2005, the most important markets for Dieffenbacher were North America, Europe and Asia.

“We’ve got a successful year behind us, and we’re also setting ourselves ambitious targets for the coming years. In 2006, we’re expecting another increase in the Group’s sales and profits,” observes CEO Wolf-Gerd Dieffenbacher, with an optimistic look into the future. The intention is to lay the foundation for further growth by making numerous new investments. Total investments for 2007 are running at 10 million €. These are focused on investments in China and the Czech Republic as well as modernizing the machinery used in Eppingen.

Publication Date: 04/06/2006

WWW Link: http://www.dieffenbacher.de

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