G Siempelkamp GmbH & Co KG has recorded its second-best business result in the 127-year history of the company in 2009. The group’s turnover amounted to €555m.
“Though the total order value of €399.8m was clearly below the results of the record years 2007 and 2008,the total turnover of €555m and an EBITDA margin of 8% let us be very satisfied with the results for the economic crisis year 2009,said Dr Hans W. Fechner, ceo of G Siempelkamp GmbH & Co KG.
“The company figures for 2009 confirm our forecast from the last year: Siempelkamp braves the economic crisis and makes consistent use of opportunities. We will be used to full capacity again in 2010 and continue to be in the black.”
