euro adhoc: other
Demag Cranes - Unexpectedly High Order Intake in Port
Technology Segment
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Order intake
08.08.2007
Demag Cranes - Unexpectedly High Order Intake in Port Technology Segment
Monthly Segment Order Intake of EUR 50 Million Significantly Above Average
Dusseldorf, 8 August 2007. Demag Cranes AG has extraordinarily generated an unexpectedly high monthly order intake in the Port Technology segment, totalling some EUR 50 million. Orders were received for mobile harbour cranes of all generations and models. Average order intake in the Port Technology segment is usually some EUR 25 million per month.
About Demag Cranes:
Demag Cranes AG is one of the world´s leading providers of industrial cranes, crane components, harbour cranes and port automation technology. Services, in particular maintenance and refurbishment services, are another key element of the Group´s business activities. The Group is divided up into the three segments Industrial Cranes, Port Technology and Services and has the strong and established "Demag" and "Gottwald" brands. Demag Cranes sees its core expertise in the development and design of technologically advanced cranes and hoists, as well as automated transport and logistics systems in ports, the provision of services for these products and the manufacture of high-quality components.
As a global supplier, Demag Cranes manufactures in 16 countries on five continents and operates a worldwide sales and service network that is present in over 60 countries through its subsidiaries, representative offices and joint ventures. In financial year 2005/2006, 5,680 employees generated sales of some EUR 987 million. Since the end of June 2006, the Demag Cranes share (WKN: DCAG01) has been listed in the Prime Standard of the German Stock Exchange and is included in the SDAX share index.
end of announcement euro adhoc 08.08.2007 19:24:02
Further inquiry note:
Anke Linnartz
Investor Relations
Telefon: +49(0211) 7102 1210
Email: anke.linnartz@demagcranes-ag.com
Branche: Machine Manufacturing
ISIN: DE000DCAG010
WKN: DCAG01
Index: CDAX, SDAX, Prime All Share, Classic All Share
Börsen: Börse Frankfurt / official dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade