SHW AG on target as Powder Metallurgy sales increase 8%

February 24, 2016

News
February 24, 2016

Germany’s SHW AG, a leading automotive supplier of automotive pumps, engine components and brake discs, has published its preliminary, unaudited key performance indicators for the fiscal year 2015.

“We achieved major progress in the final stage of the fiscal year,” stated Dr Frank Boshoff, Chief Executive Officer of SHW. “We reduced the tailbacks further in the Powder Metallurgy at our Aalen-Wasseralfingen plant and in the pump assembly at our Bad Schussenried plant. I am positive that the measures to enhance capacity at our Aalen-Wasseralfingen plant will be implemented by the end of the first quarter 2016 as scheduled, thereby sustainably enhancing our profitability in the Pumps and Engine Components business segment.”

Due to the lasting high level of customer call-offs, particularly in the Pumps and Engine Components business segment, in the fiscal year 2015, SHW stated that it was once again able to disconnect itself from the general market trend and boost its group sales by 8% to €463.5 million (previous year: €430.0 million). Incoming orders at the group’s domestic companies totalled €445.0 million, almost reaching the previous year’s record amount of €453.5 million.

Adjusted consolidated earnings before interest, taxes, depreciation and amortisation (adjusted EBITDA) improved by 7% from €40.6 million to €43.5 million and was therefore within the target range of €42 million to €46 million publicised last September. The corresponding margin of 9.4% was at the previous year’s level. The reported net income for the year was €14.4 million, an increase of 34% on the previous year’s figure of €10.7 million.

Efficiency programmes in Powder Metallurgy and pump assembly deliver initial successes  

The Pumps and Engine Components business segment recorded an increase in sales of 9% to €365.2 million in the fiscal year 2015 (previous year: €333.6 million). Sales in its Passenger Car division grew by 13% to €306.6 million (previous year: €272.0 million) due to strong customer demand for variable oil/vacuum pumps, electrical auxiliary pumps for the start-stop function and camshaft phasers. The Industry division contributed €27.7 million to sales (previous year: €29.8 million). The Powder Metallurgy division boosted its total sales (including internal sales) in the fiscal year 2015 by 8% from €53.1 million to €57.5 million.

www.shw.de    

News
February 24, 2016

In our latest magazine…

Download PDF

Extensive metal powder and Powder Metallurgy news coverage, plus the following exclusive deep-dive articles and reports:

  • GKN Powder Metallurgy targets sustainable and resilient regional NdFeB magnet production
  • The chemistry of LiFe: The rise of LFP batteries and what it means for the iron powder industry
  • Driving sustainable innovation: HIP 2025 explores the strategic potential of Hot Isostatic Pressing
  • High-precision press solutions for permanent magnets in EVs and green energy generation
  • Powder2Powder: A closed-loop solution for high-value metal powder recycling
  • Reducing defects and energy use in Hot Isostatic Pressing: A data-driven approach to degassing

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of Metal Powder Technology, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join 5,000+ other industry professionals – follow us online

Discover our magazine archive…

The free-to-access Metal Powder Technology magazine archive offers unparalleled insight into the world of metal powder from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

 

Browse the archive

 

Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of Metal Powder Technology magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • HIP Services
  • AM Machines
  • Consulting & toll sintering
View online
Share via
Copy link