Semperit AG Holding

EANS-News: Semperit AG Holding
Semperflex Launches EUR 10 Million Investment Programme to Expand Hose Production Capacity (with photo)

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Company Information/Investment

Wien (euro adhoc) - The Semperit Group is expanding its hose production in the
Semperflex segment. More than EUR 10 million will be invested to raise capacity
at the Semperflex Optimit plant in Odry, Czech Republic. Semperflex Optimit is
already Europe's largest manufacturer of hydraulic and industrial hoses. The
investment programme which is now underway is designed to increase production
capacity by about 30% by the second quarter of 2015. 

"In 2013 we achieved a significant rise in hose sales and gained a greater
market share although the global economy was weak. For this reason, we are
currently operating at full capacity", says Thomas Fahnemann, Chief Executive
Officer of Semperit AG Holding. "We see additional growth potential in the
future based on our high-quality products and enhanced customer service. We can
meet the strong demand for Semperflex hoses, intensify our partnerships with key
customers and therefore secure future growth by expanding our production
capacities in Odry."

Although the Semperflex segment has recently been negatively impacted by the
weaker market environment, it profits from global growth in the mechanical
engineering, construction and mining sectors. In particular, the need to catch
up in emerging markets along with infrastructure expansion has ensured an
ongoing demand for construction and agriculture machinery. Semperflex boasts a
strong market position for its hydraulic and industrial hoses in these areas. 

The investments will enable a further increase in production capacity. Europe's
largest hose factory located in Odry stands out thanks to its existing
engineering know-how and a longstanding tradition in the production of premium
hose products. The capacity expansion drive will result in an increase in the
number of staff at the site, underlining the important role Semperflex Optimit
plays as an employer in the region. The hose plant in the eastern region of the
Czech Republic has been part of the Semperit Group since 1998. 


About Semperit 
The publicly listed company Semperit AG Holding is an internationally-oriented
group that develops, produces, and sells highly specialised rubber and plastic
products for the medical and industrial sectors: examination and surgical
gloves, hydraulic and industrial hoses, conveyor belts, escalator handrails,
construction profiles, cable car rings, and products for railway
superstructures. The headquarters of this long-standing Austrian company, which
was founded in 1824, are located in Vienna, and the global R & D centre is in
Wimpassing, Lower Austria. The Semperit Group employs close to 10,000 people
worldwide, including more than 7,000 in Asia and more than 700 in Austria. The
Group has 22 manufacturing facilities worldwide and numerous sales offices in
Europe, Asia, and America. In 2012 the group generated sales of EUR 829 million
and an EBITDA of EUR 109 million.


About Semperflex
The Semperflex segment of the Semperit Group develops, manufactures and markets
hydraulic hoses, industrial hoses, elastomer sheeting and abrasion protection.
Production at sites in Austria, Czech Republic, Italy, Germany, China and
Thailand takes place in line with the highest quality standards. Semperflex
plans to further strengthen its leading market position by continually expanding
production capacities and increasing its presence on growth markets. In 2012 the
Semperflex segment generated revenue of EUR 181 million (about 22% of Group
revenue) and an EBITDA of EUR 39 million.

Pictures with Announcement:
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http://resources.euroadhoc.com/us/dHdAr67v
http://resources.euroadhoc.com/us/Mh7v0jjf
http://resources.euroadhoc.com/us/CWG7baw4

Further inquiry note:
Martina Büchele 		
Head of Group Communications
Tel.: +43 676 8715 8621		
martina.buechele@semperitgroup.com
www.semperitgroup.com

Stefan Marin	
Investor Relations	
Tel.: +43 676 8715 8210
stefan.marin@semperitgroup.com

end of announcement                               euro adhoc 
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Pictures with Announcement:
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http://resources.euroadhoc.com/us/dHdAr67v
http://resources.euroadhoc.com/us/Mh7v0jjf
http://resources.euroadhoc.com/us/CWG7baw4


company:     Semperit AG Holding
             Modecenterstrasse 22
             A-1030 Wien
phone:       +43 1 79 777-210
FAX:         +43 1 79 777-602
mail:     investor@semperitgroup.com
WWW:      www.semperitgroup.com
sector:      Synthetics & Plastics
ISIN:        AT0000785555
indexes:     WBI, ATX Prime, ViDX, Prime Market, ATX Global Players
stockmarkets: official market: Wien 
language:   English
 

Original-Content von: Semperit AG Holding, übermittelt durch news aktuell

Weitere Meldungen: Semperit AG Holding

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