GILDEMEISTER is expecting a stable business development in financial year 2012. We view the order intake growth as more restrained than that forecast by the economic associations. In order intake we are expecting a similar level to that of 2011. Nevertheless, we are assuming that the development in the world markets will take different courses.
With respect to sales revenues in “Machine Tools”, we will benefit from the good order backlog on hand. The “Services” business will continue to expand and the “Energy Solutions” business will once again grow. We are planning to increase earnings once again.
We are unable to make sound forecasts on financial year 2013 at the present time due to the difficulty in assessing the consequences of the worldwide debt crisis.