Industry News
www.read-tpt.com14
J
uly
2014
Bewo expands JHP collaboration
BEWO Cutting Systems intends to
expand its collaboration with JHP
Engineering Services in the UK.
During the last few years Bewo has
sold many sawing lines, mainly outside
Europe. The company has signed a new
contract for cooperation for the sales
of new equipment, and service and
distribution of spare parts on the UK
market.
With this expansion Bewo gives a
new impulse to its market approach
in the UK, together with Justin
Paddick of JHP. Bewo and JHP will
also be able to respond to the recent
increase in demand and the service
expectations of the UK market. JHP
Engineering Services and Bewo have
been collaborating for decades. This
collaboration has now been expanded.
Where Mr Paddick previously provided
service to Bewo cutting lines, he now is
a ‘qualified sales and service partner’.
UK-based companies interested in new
Bewo cutting lines can now contact
JHP.
With the expanded collaboration,
Bewo and JHP cover the whole of
England, Wales and Northern Ireland,
and provide specialised service
engineers. Marcel Veenstra, sales and
service manager at Bewo, said, “We
are confident that the combination of
the high quality service of JHP and
the powerful brand of Bewo together
with our large installed base will be
distinctive and will be able to give the
UK market what it deserves.”
Bewo Cutting Systems BV
–
The Netherlands
Fax: +31 13 4677079
Email:
info@bewo.nlWebsite:
www.bewo.nlJHP Engineering Services
– UK
Website:
www.jhpengineeringservices.co.ukEFD wins ITA award
ATECHNICAL paper co-authored by two
senior EFD Induction R&D engineers
won an International Tube Association
(ITA) award at Tube Düsseldorf.
Leif Markegaard and John Inge
Asperheim, both of whom are based
at the EFD Induction facility in Skien,
Norway, were granted the ITA’s ‘Papers
Award’ for co-authoring a technical
article on seam annealing. The paper,
titled ‘Parameters Influencing In-line
Weld Seam Heat Treatment’, was
written together with two employees of
Baosteel, the giant Chinese iron and
steel manufacturer.
The award is granted by the ITA
to honour the best technical paper
presented
at
an
ITA-endorsed
conference during the past two years.
The ITA is an association of tube and
pipe engineers, and a major presence in
the global tube and pipe industry.
EFD Induction has to date installed
thousands of heating solutions for a wide
range of industrial applications, bringing
the benefits of induction technology
to many of the world’s leading
manufacturing and service companies.
The company has manufacturing plants,
workshops and service centres in the
Americas, Europe and Asia.
EFD as
– Norway
Fax: +47 3550 6008
Email:
sales@efdgroup.netWebsite:
www.efd-induction.comJohn Inge Asperheim (left) and Leif
Markegaard (centre) were presented the
award by Andy Houghton, chairman of the
ITA’s technical management committee
Boost to orders in first quarter
“WITH its first-quarter results, Schuler
has got off to a successful start in the
new fiscal year 2014,” explained CEO
Stefan Klebert on presentation of the
company’s interim report in Göppingen.
From January to March 2014, orders
were up 19.8 per cent year on year to
€319.8mn. The press manufacturer
made strong gains inAsia, and especially
China, as well as in South America and
the Gulf region. In Europe, Schuler
received its largest-ever service order. At
€258mn, sales were 16 per cent below
the corresponding prior-year figure. As
expected, sales suffered from falling
orders in the previous year. Due to this
decline in revenue, earnings before
interest, taxes and amortisation (EBITA)
of €17.5mn fell short of the prior-year
figure of €26.4 million. The group profit
for the period, however, rose from
€10.7mn to €11.3mn thanks to lower
interest expenses and taxes.
At the end of the quarter, Schuler’s net
financial status improved to €307.8mn.
Equity rose by 4.2 per cent to €286.3mn.
“Over the past few years, Schuler has
worked hard to establish a strong market
position and solid financial basis. We
must now continue along this successful
path,” stated Mr Klebert with reference
to the company’s key financial figures.
The company has also confirmed
its guidance for the fiscal year 2014.
Schuler continues to expect total sales
of around €1.1bn in 2014 with an
EBITA margin of 6 to 7 per cent. “The
high order backlog of around €1.1bn
provides a solid basis for our 2014 sales
and earnings forecast,” concluded Mr
Klebert. At the end of March 2014, the
group employed 5,494 people.
Schuler AG
– Germany
Website:
www.schulergroup.com