Whether or not car seats, goggles and ski boots: arrived 2018, the high-performance plastics from Ems-Chemie time and again in numerous applications. Overall, the company continued with its polymers and specialty chemicals 2.3 billion Swiss francs, or 8 per cent more than in the previous year.
The business is lucrative: Nearly 27 percent of sales remain as operating profit (Ebit). Even if the raw material costs rise, the Ems hardly – because the company can pass on the cost Increases just through higher prices to the customers.
weakness in the automotive market
Nevertheless, all the way back you can sit. Already in 2018 launched the company's CEO, Martullo a package containing around 400 measures for cost improvement and efficiency gains, ranging from smaller forklifts for more storage space, up to a alarm system for equipment failures. Most likely to have an impact, however, the investment in new equipment. "We now come in a range of quantities, where we can also operate large-scale plants," said Martullo at the balance sheet media conference in Zurich.
On your growth course of the group responds to blows but, in the meantime, a significantly more harsh Wind. Although Trends such as more stringent exhaust emissions regulations Ems play into the hands, because it contributes with its products to reduce weight. But the impending slowdown in the economy also goes to the Grisons company does not go unnoticed.
The largest customer market of the Ems, the car industry, shrank slightly last year. Although the sales share of car manufacturers in the Ems remained at about 60 per cent stable. However, for the current year, the weakness in the car market could also bring the otherwise, so, of course, note the end of growth in Ems to a Halt. For the first time in years, Ems no longer provides a sales and operating profit "slightly above the previous year", but "at least at the previous year's level."
sales team in USA
stocking up on A break of the important yield-based Ems Martullo not feared, however. "We still have a lot of projects are in the pipeline," said the head of the company. Especially in the car business in the United States it looks very good. While the economy in Asia and Europe slowing, the US is the big exception. All Ems relies increasingly on America, especially with regard to the business outside of the automotive market. By 2022, Ems plans, its sales and to double development team in the United States.
applications for its polymers the company, for example, in the case of health devices, security cameras, Smartwatches, Lacrosse clubs, or agriculture machines. Currently America with a revenue share of nearly 17 percent, the third-largest market for Ems behind Europe and Asia. However, firms decide to develop applications in the United States and produced abroad.
The Ems Director and a politician wishes, therefore, that Switzerland is pushing the free-trade talks with the United States. "Switzerland could now bring technical proposals. The Americans, who have little time, could then just sign here," she said. The United States represented the largest free trade potential, the Switzerland have.
opportunities in turbulence
Of the United States are expected to provide the Ems Chief is also the most far-reaching influence on the world economy. "The relationship with China will be crucial." They hope, however, that US President Donald Trump would find his counterpart Xi Jinping a solution. Trump would be domestic political pressure on Xi because of the lack of growth – both would, therefore, have an interest in a foreign-policy success.
However, if should crush these hopes, Martullo as an optimist with regard to the impact on Ems: "We are anyway in the world. If a company moved their production, we are immediately there." And in difficult economic times, would also bring new opportunities for Ems: Because these increased reductions, the pressure to innovate and cost. "Every earthquake is also a vein of gold is free again." (nag/sda)
Created: 08.02.2019, 07:59 PM