NEWS Wittmann positive in slowdown


Wittmann, the Austrian injection moulding machin- ery, robotics and auxiliaries group, said it increased its sales in 2018, but since the end of the year, there have been signs that orders are slowing down. Wittmann Group in-


creased sales by nearly 6% to €425m in 2018. According to Michael Wittmann, Managing Director and CEO of the group, this develop- ment was extremely satisfactory. High order income during the first


half of 2018 was followed by a decline in the second half, especially in the months of November and December. The company was still able to start the fiscal year 2019 with a good order backing, it said. The group started the year 2019


The showroom at Wittmann’s new building in La Buisse, France


with an order income on a par with 2016. Michael Wittmann said: “Innu- merable political and economic uncertainties and discussions now finally have a lasting effect on the investment behaviour in our industry, slowing it down. We were fully aware of the fact that the incredible succession


PHOTO: WITTMANN


of record results over the last 10 years would eventually come to an end. The slowdown has now just started in the last quarter of 2018. We expect that the year 2019 will continue on the current level.” Wittmann carried out a number of building


projects in 2018, including a project at its Kottingbrunn facility, Austria, in which 2,200 m² were added to its production area. Extensions were also completed at facilities in Germany, Czech Republic, Mexico and Italy. The company moved into a new, larger building in France at the end of April this year. Granulators are made at the new location in La Buisse. � www.wittmann-group.com


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