Facts and figures from the first six months of 2019
Following the previous year’s growth of 3.6%, the global economy is expected to only experience 3.2% growth in 2019. With that, the IMF has downgraded its last growth forecast made in spring by 0.1%. Political uncertainties, a growing number of trade disputes, especially between the US and China, and the resulting tariff policy of the countries involved continue to play a significant role in this. So far, this has resulted in a worldwide reluctance to make investments.
HELLER, too, experiences the customers’ restrained capital investment. In the first half year of 2019, order intake was below the past three years’ average.
This is primarily due to the subdued new-machine and automotive project business. However, from the perspective of HELLER Service, order intake throughout the first six months of the year developed at an encouragingly strong level, exceeding targets by more than 7%. At approx. EUR 310m, the total turnover until 30 June is still slightly below target, which is mainly due to a delay in a major project. Single-machine business, by contrast, is in line with forecasts whilst service, as mentioned, is higher than projected. At EUR 466m, order intake remains at a very high level.