Page 61 - ITAtube Journal 2/2019

Member News
Schuler AG
Schuler focuses on new markets and digital business models
Incoming orders increase by ten percent in 2018
Continued pressure to make adjustments in Germany nega- tively impacts sales
Joint venture with Porsche to be launched in 2019
In the 2018 scal year, Schuler increased its order intake by ten percent with successful sales in new markets and digitized applications. However, ongoing pressure to make adjustment in Germany, international trade con- icts and special effects had a signi cant negative impact on the Göppingen-based press manufac- turer’s sales. “We will consistently
focus Schuler on new markets, digital business models and prof- itable core businesses”, said CEO Domenico Iacovelli, in of ce since April 2018, when speaking to journalists on Wednesday. In mid-2019, Schuler and Porsche plan to start building their joint high-tech press plant, which has now nally been agreed.
Sales just maintained, 2018 sales down compared to previous year
Schuler’s incoming orders rose to € 1,255 billion in 2018 (previous year: € 1,141 billion). Despite the rather low order backlog at the end of 2017, Group sales remained virtually unchanged at
The corporate headquarters in Göppingen.
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