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Industry News

www.read-tpt.com

14

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.nl

Website:

www.bewo.nl

JHP Engineering Services

– UK

Website:

www.jhpengineeringservices.co.uk

EFD 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.net

Website:

www.efd-induction.com

John 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