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UNIWHEELS Holding Germany GmbH : UNIWHEELS Group with new sales records in the first half year 2014 - Seite 3
expects good opportunities for future significant growth in this segment.
"We are well positioned as a premium manufacturer to benefit from the
continuous strong demand for cars in the luxury segment. This is especially
true for the OEM business, where OEMs demand more and more different
variants of wheels for their high quality vehicles. Therefore we are
currently working on 119 (previous year: 101) development contracts and 77
(previous year: 52) serial moulds for almost all renowned automotive
manufacturers. Therefore, we expect similar high capacity utilization at
our production plants in the coming months," said Ralf Schmid, CEO of
UNIWHEELS. "High quality and thus technically sophisticated vehicles are
still being produced primarily in the main factories of auto manufacturers
in Europe due to their high complexity and in our opinion this will remain
unchanged in the coming years. From development, quality and cost point of
view, we, as a specialized manufacturer of wheels have to have a strong
local position among manufacturers. With our highly automated plants in
Germany and Poland, we are very well positioned here."
For the second half of 2014 UNIWHEELS plans to increase its investment
activities. Investments relate primarily to the direct production sector
and the IT infrastructure, a significant part of which accounts for a new
production control system in the factories and an improved inventory
management system for optimization of the storage strategy in the central
logistics center.
It is expected to see a further positive operating development in the
second half of the year thanks to the current ongoing strong utilization in
the production plants and the continuous high demand for wheels, especially
by the European premium car manufacturers for high-quality light-alloy
wheels from UNIWHEELS production. This and the implemented cost-cutting
measures will also be reflected in a noticeably higher EBITDA. At Group
level, UNIWHEELS is targeting net pre-tax return of at least a sustainable
3.5%. Moreover, the management anticipates an increase in the equity ratio
excluding exchange rate effects to over 30%.
CONTACT:
Harald Jacksties
Director
UNIWHEELS Management (Switzerland) AG
Phone: +41 (0) 41 784 53 00
Email: jacksties@ch.uniwheels.com
About us:
UNIWHEELS Group is the leading manufacturer of alloy wheels in the European
aftermarket (Accessory Division) and one of the world's largest wheel
suppliers to the automotive industry (Automotive Division). UNIWHEELS Group
also equips professional motorsport racing vehicle series with high-tech
wheels.
For more than 40 years, the company has been producing high-quality
aluminium wheels mainly using the low-pressure casting technique. Further
manufacturing techniques used are flow forming, Lightforming(R) (advanced
pressure rolling) and forging for ultra-light high-tech wheels.
With the global brands of ATS, RIAL, ALUTEC and ANZIO, UNIWHEELS possesses
comprehensive knowledge in the accessories market and technical expertise
as an original equipment manufacturer in the automotive industry.
Furthermore, with its wide range of brands, the UNIWHEELS Group offers
wheels for all target groups, from premium to economy.
Highly efficient production locations in Poland and Germany, as well as the
pooled technological expertise of the group, form a secure base for further
development of the brands and growth of the UNIWHEELS Group associated with
this.
---------------------------------------------------------------------
19.08.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
282816 19.08.2014
second half of the year thanks to the current ongoing strong utilization in
the production plants and the continuous high demand for wheels, especially
by the European premium car manufacturers for high-quality light-alloy
wheels from UNIWHEELS production. This and the implemented cost-cutting
measures will also be reflected in a noticeably higher EBITDA. At Group
level, UNIWHEELS is targeting net pre-tax return of at least a sustainable
3.5%. Moreover, the management anticipates an increase in the equity ratio
excluding exchange rate effects to over 30%.
CONTACT:
Harald Jacksties
Director
UNIWHEELS Management (Switzerland) AG
Phone: +41 (0) 41 784 53 00
Email: jacksties@ch.uniwheels.com
About us:
UNIWHEELS Group is the leading manufacturer of alloy wheels in the European
aftermarket (Accessory Division) and one of the world's largest wheel
suppliers to the automotive industry (Automotive Division). UNIWHEELS Group
also equips professional motorsport racing vehicle series with high-tech
wheels.
For more than 40 years, the company has been producing high-quality
aluminium wheels mainly using the low-pressure casting technique. Further
manufacturing techniques used are flow forming, Lightforming(R) (advanced
pressure rolling) and forging for ultra-light high-tech wheels.
With the global brands of ATS, RIAL, ALUTEC and ANZIO, UNIWHEELS possesses
comprehensive knowledge in the accessories market and technical expertise
as an original equipment manufacturer in the automotive industry.
Furthermore, with its wide range of brands, the UNIWHEELS Group offers
wheels for all target groups, from premium to economy.
Highly efficient production locations in Poland and Germany, as well as the
pooled technological expertise of the group, form a secure base for further
development of the brands and growth of the UNIWHEELS Group associated with
this.
---------------------------------------------------------------------
19.08.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
282816 19.08.2014
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