TPT November 2019

I NDUS T RY

Rising orders for SMS group despite increasingly challenging market

• Field-tested apps, some of which can be installed and start adding value within 48 hours, especially in production planning, condition monitoring and quality control. Additional innovations in product development, project management and process optimisation are made possible by the realignment of the managing board. The close cooperation between CDO Professor Katja Windt and the new managing board members Professor Hans Ferkel (CTO) and Michael Rzepczyk (COO) will actively promote the integration of process, product and project. Mr Dahmen added: “We are now optimally equipped as a managing board to implement our growth strategy and to remain the partner of choice for the most demanding customers.” Since the successful planning and realisation of Big River Steel, the world’s

benefits strongly from this trend. Burkhard Dahmen, CEO, said: “We are continuously strengthening our position as the global market leader in plant construction. We are systematically implementing the transformation of our company as planned. Our successes in the market confirm that we are on the right path.” The digitalisation of SMS group along the entire value chain brings about quantifiable benefits for customers. SMS offers its products and services in three core categories with the goal of enabling customers to make commercially successful use of plant and production data: • On-site consulting by industry experts to take the digitalisation of plants or business units to the next level of development. • Tailored data analysis to optimise product quality and plant efficiency.

IN the 2018 business year, SMS group reached its operational and financial targets as well as meeting significant milestones in its growth strategy. Torsten Heising, CFO, said: “Overall, we are satisfied with developments in 2018. We expect the positive trend to continue in 2019 and our medium-term targets to be reaffirmed.” As well as sustainably strengthening the core business and its four strategic growth areas, SMS group’s strategy continues to incorporate selected investments and acquisitions. The global megatrends of urbanisation, connectivity, sustainability and mobility rely heavily on innovative metal solutions. Rising expectations regarding the weight and strength of metals and the energy efficiency of the manufacturing process are driving global demand for premium plant construction solutions. As a technology provider, SMS group

12

www.read-tpt.com

NOVEMBER 2019