Record 2011/12 as all machinery businesses see double-digit sales growth / Great potential in the BRICS countries
German machinery manufacturer Reifenhäuser
) has posted record results for the fiscal year 2011/12 (ended 30 June). All business areas reported double-digit growth, despite weakening markets, especially in Europe, and generated total sales of over EUR 450m, improving on the record result in the previous financial year – see Plasteurope.com of 23.12.2011
. The gains were due mainly to significantly increased demand for extrusion machinery from Asia and Latin America.
The company, which has recently undergone restructuring (see Plasteurope.com of 11.07.2012
), said it is planning further growth in the next financial year. Board member Ulrich Reifenhäuser
said: “After a rather weak spring, we are experiencing now a clear revival of the market. We can still see great potential in the BRICS countries – not least because of a growing hygiene market in these regions.”