Dieffenbacher reports solid business results over the past 12 months, highlighted by a higher equity ratio, greater internal efficiency and the strong performance of its business units. The equity ratio increased to 34% from 31% a year ago, while capacity utilization is secured until April 2020.

Lumber

Dieffenbacher’s equity ratio increased to 34%

Eppingen-based machine and plant manufacturer Dieffenbacher reports solid business results over the past 12 months, highlighted by a higher equity ratio, greater internal efficiency and the strong performance of its business units. The equity ratio increased to 34% from 31% a year ago, while capacity utilization is secured until April 2020, as the company says in the press release received by Lesprom Network.

“Three years ago, we started to make our internal structure more efficient and at the same time open up new markets. This gives us the decisive edge we have today,” said Christian Dieffenbacher, member of the Dieffenbacher management board.

The company’s three business units – Wood, Composites and Recycling –are performing well.

The Wood Business Unit has received numerous new plant and modernization orders in the past 12 months. The Wood Business Unit expects strong business activity in the second half of 2019.

In January, the company created the Recycling Business Unit, based on rapid expansion of its recycling business. Orders were received during the past year in all four target markets: Wood Recycling, Alternative Fuels, Waste 2 Product (W2P) and Municipal Solid Waste (MSW). Sales volume of Euro 30 million is expected during 2019, doubling the sales of the previous year. In the Wood Recycling segment, five wood recycling plants for the particleboard industry have been sold to date.

The Composites Business Unit continues its upward sales trend of the past 12 months, receiving seven orders for large presses with pressing forces of more than 2,500 t. The presses are mainly used for high-quality SMC and LFT applications. Dieffenbacher expects a significant sales increase during 2019 in the Composites Business Unit.

Christian Dieffenbacher says: “We’re right on schedule with our sales development through 2020, and all three business units give us equal cause for optimism.”