This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Entrevista a Miguel O’Dogherty, director general de Metso Minerals España
"The industry of aggregates will be consolidated in the next few years"
Interview with Miguel O'Dogherty, CEO of Metso Minerals Spain
Drafting Interempresas15/02/2008
February 12, 2008
Michael O'Dogherty, CEO of Metso Minerals Spain, has made the following diagnosis on cyclical developments in the sector of quarries during the 2007: "This year possibly is reached the highest point of a bullish cycle began at the end of the 1990s"", that has made it possible to modernise the sector and become the second largest producer of aggregates of Europe, after Germany to Spain".
With regard to their possible evolution during the next financial year, or ' Dogherty has stressed: "It is expected that during the next financial year there is a slowdown in activity in the sector, especially as a result of the reduction expected in the subsector of residential building." However, the sector is extremely powerful and is perfectly prepared to adapt to this situation. "I think that in the coming years we can expect a trend towards the consolidation of the industry of the arid, currently very fragmented in Spain".
Strengthening assistance after-sales service
Michael O'Dogherty in the workshop of Metso Minerals Spain.
Also, last December, Metso Minerals Spain has made public a preview of its income statement for the financial year of 2007. In particular, its turnover over the same period of the previous year has increased about 10 percent, reaching around EUR 66 million. O'Dogherty explained the main reasons that led this growth: "the quality of our products, Metso sales team and our knowledge of processes allows us to provide cost-efficient solutions to any need that may arise to a client." "In other words, our comprehensive approach oriented to optimize the operations of our clients". These positive results are due to the new policy of services customer, driven from the first half of 2007. And is that the company has been committed to enhance its after-sales service, both in number of troops (20 per cent in 2007) as through programmes of continuing training, in order to ensure a rapid response serviceas well as the optimum performance of the facilities of our customers.
During the past year, the quarries sector reached the highest point of a bullish cycle began at the end of 1990, according to Metso Minerals
The firm has joined in 2007 its portfolio of clients the following companies: aggregate Casablanca, S.L.; Arid Seville Nevado S.L., aggregate C.G., S.A.; Aggregates the light, S.A., Sercoysa, Cnes.Pan and Diaz, S.L.; Quarries of Almargen, S.L.; Cant. and op.. Moucoho, s.l.; Hgnes. Gohiérrico BI, S.L.; Ecalsa, La Verde, S.L. quarries; Aggregates and Transformados, S.A.; Aggregates and derived Cartro, S.A. and Fyasa.
Related Companies or Entities
Metso España, S.A.
