Pulp & Paper News

Voith FY 2012 results: net income down 43% from year ago to Euro 114 million



HEIDENHEIM, Germany , Dec. 12, 2012 (Press Release) - 

Third best operational result in company history despite difficult busi-ness environment at Voith Paper

The Voith Group has finished the fiscal year 2012 (ending September 30) satisfactorily in a challenging market environment. The globally active family-owned company increased its Group sales by 2 percent to EUR 5.7 billion compared to the record value of the previous year. With EUR 5.7 billion, orders received were behind the excellent value of last year amounting to EUR 6.4 billion (-10 percent), which, among other things, was due to an extraordinarily high volume of major orders from the hydro power market. At EUR 6.1 billion per September 30, 2012, orders on hand were slightly above the previous record level (2011: EUR 6.0 billion).

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