Coperion GmbH

Coperion emerges successfully from economic crisis with new repositioning strategy

At the last International Plastics Fair in Düsseldorf – K 2007 – Coperion GmbH, Stuttgart/Germany, had been able to present its best ever report on incoming orders and sales and was looking to the future with great confidence, for nobody had at that time foreseen the financial and economic crisis that was to shake the markets of the entire world during the second half of 2008. Coperion has meanwhile mastered the crisis and is now looking to the future with the same confidence as in 2007.
Positive economic development
With sales amounting to EUR 577 million, 2008 was so far the most successful year in Coperion’s corporate history. Incoming orders during the first half of 2008 were entirely as forecasted. In the second half of 2008, due to the crisis, there was a heavy drop in incoming orders that came without much warning and continued quite dramatically in the first half of 2009. The crisis had a similarly drastic effect, however with some delay, on sales. Since the second half of 2009 incoming orders have been making a stable recovery, although the levels of 2006 and 2007 have not been quite reached as yet. For the current business year of 2010 Coperion expects the order intake to reach approx. EUR 480 million and sales approx. EUR 360 million.
Both the unique decline in business and the comparison with the performance of other German machine manufacturers show that Coperion can cope with cyclical extremes and has largely succeeded in emerging unscathed from the present global economic crisis, not in the least through its flexible structuring, its balanced product strategy and its worldwide presence.