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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 Los pedidos de máquina-herramienta de Gildemeister crecen un 63% el segundo trimestre

Orders for machine tools of Gildemeister grew 63% second quarter

30/07/2010

July 30, 2010

The global economy is recovering from the crisis and the forecasts are improving, considers Gildemeister. The international demand for machine tools has also increased significantly. In the second quarter, the company recorded a significant increase in the volume of requests received, particularly in its main segment 'machine tool' (+ 63%). This positive development will be reflected in the benefits of sales and savings in the second half of this year, according to the company.
In general terms, the volume of orders reached 651,5 million euros (+ 12%) in the first six months (previous year: 580,7 million euros). All this, the machine tool business was 400,2 million euros (+ 53%). The sales will increase during the third quarter, says Gildemeister. The company expects a growth in demand for the business of machine tools, in the second half of the year. Conditions, points out, have improved while the crisis has not overcome completely. In addition, says that their machines of new development will provide additional stimulus, as they will be the four fairs which will attend in the fall.
The company expects higher growth in 'Services'. With its 'energy solutions', Gildemeister has a young area with great potential for the future, as he showed in the fair dedicated to the most important solar energy in the world, Intersolar in Munich.
As for its alliance with the Japanese manufacturer, Mori Seiki, Gildemeister indicates positive progress in line with the marked plan.

Related Companies or Entities

DMG Mori Ibérica, S.L.U.

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