Dieffenbacher: good prospects for all three business units1 July 2019
Machine and plant manufacturer, Dieffenbacher, reports solid business results over the past 12 months, highlighted by a higher equity ratio, greater internal efficiency and the strong performance of its business units.
The company’s three business units – Wood, Composites and Recycling – are performing well.
The Wood Business Unit has received numerous new plant and modernisation orders in the past 12 months. Since June 2018, 16 orders for new wood based panel plants were recorded, 10 at the headquarters in Eppingen, while subsidiary Shanghai Wood-Based Panel Machinery in China received six orders. The Wood Business Unit expects strong business activity in the second half of 2019.
In January, the company created the Recycling Business Unit, based on rapid expansion of its recycling business. Sales volume of €30m is expected during 2019, doubling the sales of the previous year. In the Wood Recycling segment, five wood recycling plants for the particleboard industry have been sold to date.
The Composites Business Unit continues its upward sales trend of the past 12 months, receiving seven orders for large presses with pressing forces of more than 2,500t.Christian Dieffenbacher believes that the company is well positioned for the future: “We’re right on schedule with our sales development through 2020, and all three business units give us equal cause for optimism.”