SW Umwelttechnik Stoiser & Wolschner AG

euro adhoc: SW Umwelttechnik Stoiser & Wolschner AG
other
SW Umwelttechnik posts record order intake

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information/Orders, Investments 03.10.2007 . Third quarter order intake E42 million . E25 million investment programme close to completion Vienna listed environmental engineering group SW Umwelttechnik today announced record order intake of E42 million (m) in the third quarter of 2007, resulting in a sharp rise in order backlog to E41m (Q3 2006: E30m). This pick-up in business signals an end to depressed demand in Hungary and Romania during the second quarter. Throughout 2007 market conditions in Hungary have been shaped by budget consolidation measures which have caused a marked fall-off in public sector orders. Meanwhile in Romania delays in the release of EU Structural Organisational Programme (SOP) funding for environmental protection and infrastructure projects have blocked urgently needed public sector investment. Hungary SW Umwelttechnik's Water Conservation business sector has recently won a number of major orders including a contract to supply the collecting sewer in Budapest. The project includes supplying jacking pipes for a 2-kilometre section below the bed of the Danube. Other contracts include the wastewater collection system for south Budapest, pipes and shafts for the city of Debrecen, and a E5m drainage system for the M7 motorway. Romania In Romania the current focus of the Water Conservation sector's activities is on supplying drainage systems for factories and business parks. SW Umwelttechnik will not receive large municipal orders for wastewater treatment plants until early 2008 when the SOP funding is released. The Infrastructure sector has won contracts to supply logistics and shopping centres in Constanta, Targu Mures and Cluj with products to a total value of E17m, ensuring good capacity utilisation for the group's new factory in the greater Bucharest area when it starts up in November. Austria SW Umwelttechnik has landed orders for its innovative surface water protection systems for transportation surfaces in Austria (e.g. at the Zeltweg Eurofighter air base and the new Graz East shunting yard), and in northern Italy (e.g. for the cargo transhipment area at the port of Monfalcone and the new Venice bypass motorway). Outlook SW Umwelttechnik sees results for 2007 - despite a reduced revenue as a whole improving slightly due to slow public sector contract awards in Hungary and Romania in the first and second quarters. Management's expectation of stronger earnings in 2008 is underpinned by the sharp rise in order intake in Romania and the record investment programme implemented in 2007. Founded in 1910, SW Umwelttechnik remains a family business, though it has been listed on the Vienna Stock Exchange since 1997. The company is widely identified with sustainable enterprise and rapid expansion in Central and Southeastern Europe. The Group's innovative environmental technology products contribute to infrastructure renewal in CSE countries. In 2006 SW Umwelttechnik employed a total of 836 people at 16 sites and posted revenues of E102m. end of announcement euro adhoc 04.10.2007 08:00:00 -------------------------------------------------------------------------------- ots Originaltext: SW Umwelttechnik Stoiser & Wolschner AG Im Internet recherchierbar: http://www.presseportal.ch Further inquiry note: Dr. Bernd Wolschner Member of the Management Board Tel.: +43/7259/31 35 0 Fax: +43/7259/31 35 6 Romed Lackner Investor Relations Officer Tel.: +43/664/811 76 70 Fax: +43/463/37 667 170 E-Mail: romed.lackner@sw-umwelttechnik.com Website: www.sw-umwelttechnik.com Branche: Technology ISIN: AT0000808209 WKN: 910497 Index: WBI Börsen: Börse Berlin / free trade Börse Frankfurt / free trade Wiener Börse AG / Regulated free trade

Das könnte Sie auch interessieren: