news
Strong US sales help Simona post first-half sales growth
Simona of Germany reported a growth in sales and profits in the first half of the year – though revenues in the company’s pipes and fittings division were down. Group sales rose by 1.3% to
nearly €188m ($213m) – though profitability (EBITDA) fell by 1.7% to €23.2m ($26.2m), which the company said was mainly due to the effects of foreign exchange rates. The sales growth was
driven by dynamic business in the US. The ‘Americas’ region saw revenue expand by almost 10% in the first half, taking sales to €45.7m ($51.7m). The region’s share of group revenue is now close to 25%. In Europe, revenues were
down nearly 1% to around €134m ($152m), due in part to the poor performance of the chemical and mechanical engineering industry in
“Overall, we are satisfied
with profitability at Group level,” said Wolfgang Moyses, CEO of Simona. “We need a little more time for strategic measures to take effect. The trend, however, has been pointing upwards in the last few months.” For 2016 as a whole, the
Moyses (left) welcomed Rhineland-Palatinate state premier Malu Dreyer to the opening of Simona’s new technology centre
Germany. The Asia-Pacific region saw a slight dip in sales revenue to €8.4m ($9.5m), down by around 4.5%. Revenues in the pipes and fittings division fell by nearly 4%, to around €39m ($44m). Here, sales were affected by lower investments in mining and district heating applica- tions as well as weaker project
business. This was offset only partially by a positive perfor- mance in the areas of infra- structure and industry. By comparison, the semi-finished and finished products division – which includes products such as PVC sheet and foamed PVC – saw revenue grow by nearly 3% to more than €148m ($167m).
company expects €360-370m ($407-419m) in revenue and €20-25m ($23-29m) in EBIT. In late July, the company opened a new €10m ($11m) technology centre, which is equipped with modern extrusion lines, and brings together teams from R&D, process development and other disciplines at a single location. “We will use the production lines at the technology centre to process high-performance plastics, which will help us to unlock new fields of applica- tion,” said Moyses. ❙
www.simona.de
Baruffaldi to launch extrusion line at K2016
Baruffaldi is returning to its roots by launching a new extrusion line. While the company is best
known as a supplier of downstream equipment – such as profile cutting equipment –
it began 60 years ago as a manufacturer of extrusion tooling and machinery for the extrusion of various types of profiles.
Its Omnia 1.0 has similar features to recent Baruffaldi-
Primac plants, such as a design that is compact and robust, but Baruffaldi says it is also more flexible – allowing customers to adapt the line according to their own needs. There is a basic version and
a fully ‘optionalised’ version – which comes complete with accessories and integrated modular units. Features include: an
Omnia is a full extrusion line from Baruffaldi 6 PIPE & PROFILE EXTRUSION | September 2016
energy-saving system on the calibration table; and saving of waste material, thanks to a patented guillotine cutting system. l Our special K preview feature – on materials – begins on page 31. A preview of downstream machinery on show at K begins on page 43. ❙
www.baruffaldi.eu
www.pipeandprofile.com
PHOTO: ARMIN SEIBERT (RHEIN-ZEITUNG)
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58
