A more successful year for Demag

Orders up

While the first quarters of the FY continued to feel the impact of the economic and financial crisis, the order situation improved considerably in the second half of the year as the global economy recovered. Order intake at Euro 910.6m was up 8.2% to Euro 841.9m with orders for the Industrial Cranes business segment up 3.6% year on year and up 29.7% to Euro 197m in the Port Technology segment which, in keeping with the other segments, reported that the largest number of orders was generated in Q4 as a result of increased demand for mobile harbour cranes and services.

Revenue down