A number of positive factors worldwide helped the Weinig Group to ‘excellent business results’ for the first nine months of last year.
Accumulated incoming orders at Michael Weinig AG through September 2000 amounted to DM316m, an increase of 40% compared to 1999. Sales in the same period amounted to DM248m compared to DM228m in 1999. Backlog increased from DM51m at the beginning of the year to DM155m, and the manufacturing facilities at Tauberbischofsheim have been working at full capacity.
The message was positive throughout the rest of the Weinig Group. Consolidated incoming orders amounted to DM525m, 36% more than in the previous year, while sales rose from DM384m in 1999 to DM427m.
The result reflects an increase in the overall performance of the group where income amounts to DM42m before tax and represents almost 10% of the turnover.
