futronic’s steady growth trajectory continues

2013-10-20 | Company news

In the fiscal year just ended, futronic GmbH generated sales revenues of around EUR 10.2 million, beating its already excellent figure for the previous year by 1.6 million. This represents an impressive increase of around 19 per cent. futronic got off to a successful start with its new Domestic Glass division and the first projects have meanwhile been completed. The share of sales from projects for customers outside the glass industry rose further to 35 per cent. The extended production and development facility was scheduled to be up and running by the end of July. futronic is optimally placed to continue its steady growth trajectory as it enters the new financial period with its order books well filled and still on the lookout for qualified personnel.

Successful start for futronic’s new Domestic Glass division
Successful start for futronic’s new Domestic Glass division
2012 was dominated by the successful launch of futronic’s new Domestic Glass division. The first projects have meanwhile been completed and more orders placed – some of them quite sizeable. “It’s an area with considerable potential because the industry is under pressure to modernize. futronic’s new control and drive systems for presses and blowing machines have enjoyed a positive reception in the market. The cooperation with Forma Glas, our Austrian partner, has certainly paid off,” says Preuß.

futronic profits from catch-up effects and modernization ventures
futronic’s other divisions have likewise developed well, making a healthy contribution to the company’s sales growth in the fiscal year from 1 April 2012 to 31 March 2013. Both Container Glass and Industrial Automation have profited from intensified sales activities worldwide in the last few years in combination with catch-up effects. Various projects that had been put on hold were addressed by customers and realized during the period under review. Preuß is confident that “the upward trend will continue, albeit much more subdued than in the past because our new Domestic Glass and Industrial Automation segments will first of all need to stabilize at today’s high level.”

Growth opportunities in South-East Asia and Latin America
The order situation and the level of development and production capacity utilization in the fiscal year just begun a...


Article taken from Glass Machinery Plants & Accessories bi-monthly magazine (6 issues per year)
Year: 2013 number: 5
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