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16/05/2017

Outlook for the financial year 2017: HELLER remains on the road to success

With an order balance of EUR 374.4m, we are starting the year 2017 with good basic utilisation. Based on the current order book and further orders to be expected, the 2017 sales revenue and total operating revenue are assumed to exceed EUR 550m again with an improvement of the profit situation vs. 2016.


Outlook financial year

The 2017 forecasts for the global economy have been cautiously optimistic. The global machine tool market will continue to grow in the medium and long term. The business situation in our industry is also expected to develop positively in the short term, generating further growth in terms of turnover and production volume. We also expect our most important submarkets to develop positively in 2017.

We remain convinced that the HELLER Group is very well-positioned in the market. A modern and highly innovative product range combined with the continuous optimisation of internal processes and structures form the foundations for the continued positive development of the HELLER Group. The clear commitment of the Heller family to the family business is sending a positive signal to employees and outsiders alike.

Therefore, we are expecting a gratifying development of business throughout 2017, also in terms of turnover and earnings.

 

 


Contact

Address Heller Machine Tools

Heller Machine Tools Ltd
Acanthus Road, Ravensbank Business Park
Redditch, Worcestershire B98 9EX
Email: sales.uk@remove-this.heller.biz
Tel: +44 (0) 121 275 3300
Fax:+44 (0) 121 275 3380

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