{"id":303,"date":"2014-08-24T19:11:06","date_gmt":"2014-08-24T19:11:06","guid":{"rendered":"http:\/\/mfgtechupdate.com\/?p=303"},"modified":"2014-08-24T19:11:06","modified_gmt":"2014-08-24T19:11:06","slug":"dmg-mori-seiki-has-a-good-start-to-2014","status":"publish","type":"post","link":"https:\/\/mfgtechupdate.com\/dmg-mori-seiki-has-a-good-start-to-2014\/","title":{"rendered":"DMG MORI SEIKI Has a Good Start to 2014"},"content":{"rendered":"<p>The first quarter was according to plan for the DMG MORI SEIKI AKTIENGESELLSCHAFT. Order intake amounted to \u20ac 601.2 million (+16%), compared with \u20ac 518.7 million in the previous year\u2018s period. Sales revenues rose to \u20ac 505.1 million (previous year: \u20ac 466.1 million). The earnings situation continued to develop positively: EBITDA amounted to \u20ac 39.5 million (previous year: \u20ac 28.1 million), EBIT reached \u20ac 28.4 million (previous year: \u20ac 17.0 million) and EBT was \u20ac 26.1 million (previous year: \u20ac 15.1 million). As at 31 March 2014, the group reported earnings after taxes of \u20ac 18.0 million (previous year: \u20ac 10.4 million).<\/p>\n<p>Sales revenues in the first quarter were \u20ac 505.1 million and thus exceeded the previous year\u2019s figure by \u20ac 39.0 million (\u20ac 466.1 million). Domestic group sales revenues increased by 12% to \u20ac 168.8 million and international sales revenues rose by 7% to \u20ac 336.3 million. The export ratio was 67% (previous year: 68%).<\/p>\n<p><strong>Highlights:<\/strong><\/p>\n<ul>\n<li>Order intake increased by 16% to \u20ac 601.2 million (previous year: \u20ac 518.7 million).<\/li>\n<li>Sales revenues were \u20ac 505.1 million (+8%; previous year: \u20ac 466.1 million).<\/li>\n<li>EBT increased to \u20ac 26.1 million (+73%; previous year: \u20ac 10.4 million).<\/li>\n<li>Earnings after taxes climbed to \u20ac 18.0 million (previous year: \u20ac 10.4 million).<\/li>\n<li>Cooperation strengthens market presence and product development.<\/li>\n<\/ul>\n<p>In the first quarter, order intake was \u20ac 601.2 million and thus 16% above the previous year (\u20ac 518.7 million). Domestic orders amounted to \u20ac 222.7 million (previous year: 163.7 million); international orders amounted to \u20ac 378.5 million (previous year: \u20ac 355.0 million). Thus the proportion of foreign business amounted to 63% (previous year: 68%) in the first quarter of the financial year.<\/p>\n<p>On 31 March 2014, order backlog within the group was \u20ac 1,128.0 million.<\/p>\n<p>The DMG MORI SEIKI group was able to improve its key earning figures as of 31 March 2014 against the previous year: EBITDA amounted to \u20ac 39.5 million (previous year: \u20ac 28.1 million), EBIT amounted to \u20ac 28.4 million (+67 %; previous year: \u20ac 17.0 million) and EBT reached \u20ac 26.1 million (previous year: \u20ac 15.1 million). As of 31 March 2014, the group reports earnings after taxes of \u20ac 18.0 million (previous year: \u20ac 10.4 million).<\/p>\n<p>Investments in intangible assets and plant, property and equipment were \u20ac 20.4 million during the first three months (previous year&#8217;s figure: \u20ac 10.6 million).<\/p>\n<p>On 31 March 2014, the group had 6,937 employees of whom 205 were trainees (31 Dec. 2013: 6,722). The number of employees has thus risen by 215. At the end of the first quarter, there were 3,831 domestic employees (55%) and 3,106 employees (45%) working for the international companies. Personnel costs amounted to \u20ac 121.6 million (previous year\u2019s period: \u20ac 114.3 million). The personnel expenses ratio was 23.0 % (previous year&#8217;s period: 23.0%).<\/p>\n<p>The share price of DMG MORI SEIKI AKTIENGESELLSCHAFT was quoted at the start of the year at \u20ac 23.02 (2 Jan. 2014) and closed at the end of the first quarter at \u20ac 22.24 (31 March 2014). The current share price is \u20ac 22.63 (30 April 2014).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The first quarter was according to plan for the DMG MORI SEIKI AKTIENGESELLSCHAFT. Order intake amounted to \u20ac 601.2 million (+16%), compared with \u20ac 518.7 million in the previous year\u2018s period. Sales revenues rose to \u20ac 505.1 million (previous year: \u20ac 466.1 million). The earnings situation continued to develop positively: EBITDA amounted to \u20ac 39.5 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":305,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[365,460,1002,1220],"class_list":["post-303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cnc","tag-cnc","tag-dmg","tag-mori","tag-seiki"],"_links":{"self":[{"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/posts\/303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/comments?post=303"}],"version-history":[{"count":0,"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/posts\/303\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/media\/305"}],"wp:attachment":[{"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/media?parent=303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/categories?post=303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mfgtechupdate.com\/wp-json\/wp\/v2\/tags?post=303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}