Facts and figures about business development
According to the IMF, the global economic output saw a real growth of 3.6 % in 2018, following a 3.8 % increase in the previous year. This means that the development remained below the original expectations and was therefore adjusted in the course of the year. The 2019 forecasts for the global economic situation continue to be cautiously optimistic for international markets as well as for Germany. For the current year, the IMF still expects a worldwide growth of 3.3 %. It has lowered its last forecast made at the beginning of the year by 0.2 percentage points. The reasons for the global economic slowdown remain local crises, political uncertainties and disputes about mutual trade barriers, especially between the US and China, but also uncertainties about the further development of the automotive industry, particularly in Europe, the implementation of Brexit and the downward trend in consumer confidence within the Eurozone.
The global consumption in machine tools will see moderate growth in 2019 with an upward tendency in the growth rate expected for the coming years. We expect this growth to be reflected in the most important submarkets in which HELLER is present. The HELLER Group’s order backlog as of 31 December 2018 was at a record level. Together with further orders to be expected in 2019 we anticipate a high utilisation of the HELLER Group in 2019. Based on this, we expect growing sales revenues in 2019 and again a good annual result. We remain convinced that the HELLER Group is very well-positioned in the market with a range of state-of-the-art products. Internal procedures and structures have been improved in the previous periods and are continually optimised. Therefore, we are expecting a gratifying development of business throughout 2019, also in terms of turnover and earnings.