Press Release
2016-102
Market recovery in Europe continues
Market position further expanded
Schmitz Cargobull experiences further growth in Europe
Horstmar, January 2016 – Commercial vehicle sales in Spain, France and the United
Kingdom continue to grow strongly. In contrast, demand in Russia remains
restrained. During the current business year 2015/2016 (from 01 April to 31 March)
Europe's largest trailer manufacturer, Schmitz Cargobull AG, expects an increase in
sales to approximately 48,000 vehicles (previous business year 2014/2015
approximately 45,000 units). In the coming business year the manufacturer for heavy
commercial vehicles also expects the positive trend to continue, and will exhibit at
BAUMA and IAA 2016 with optimism.
The expected almost double-digit growth of emphasises the position of the market
and technology leader.
"Stronger growth in Western and Central Europe enables us to more than
compensate for the low number of orders from Russia," states Chairman of the
Board, Ulrich Schümer. The company further expanded its leading position for heavy
transport vehicles for the construction industry with its tipper semi-trailers. At the
end of 2015, Schmitz Cargobull achieved leading positions in Europe's most
important volume markets for tipper semi-trailers.
More than 3,000 tipper semi-trailers were sold and delivered in the first three
quarters. In comparison to the same period of the previous business year, this
represents a production increase of approximately 10% for this product segment. As
such, Schmitz Cargobull has also become the largest manufacturer and Europe-wide
market leader in this segment.
The 2015/2016 business year began with a positive dynamic. An increasing number of
orders and a positive economic forecast for the volume markets in Central and Western
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Europe reflected the positive trend that continued throughout the first three quarters of the
business year. Positive indications are also expected from the transport industry for the last
quarter.
The new, modular trailer generation is one foundation for this success. It has been
successfully launched in the European markets. It has been very positively accepted by
customers due to its highly flexible trailer configuration and its high industrial quality, along
with the increased availability. Furthermore, the digital networking via telematics, data
services, and a comprehensive service programme for the commercial vehicles also serve
to significantly increase the efficiency of logistics companies. They also represent key
aspects of Schmitz Cargobull’s leadership in innovation for trailers and bodies in the
commercial vehicle sector.
Ongoing solid business results and continuing investments
With expected vehicle sales of around 48,000 units (previous year: 45,000) the company
forecasts a turnover of approximately €1.75 billion euros (previous year: €1.589 billion). At
more than 55%, the equity quota is far above the industry average. As a result, Schmitz
Cargobull holds a leading ranking in the German industrial landscape, and has a solid
foundation for further growth using its own resources. Investments amounting to
approximately €70 million are planned for the 2015/2016 business year. Schmitz Cargobull
currently has approximately 5,150 employees.
About Schmitz Cargobull AG:
With an annual production of some 45,000 vehicles and around 4,900 employees, Schmitz Cargobull AG is Europe's leading
manufacturer of semi-trailers and trailers for temperature-controlled freight, general cargo and bulk goods. The company
achieved sales of €1.6 billion in the 2014/2015 business year. As a pioneer in the industry, the German company developed a
comprehensive brand strategy early on and consistently established quality standards spanning every level: from research
and development, to production and specialist services such as trailer telematics, financing, used vehicles, spare parts and
Full Service.
The Schmitz Cargobull Press Team:
Gerd Rohrsen:
Tel. : +49/2558/ 81-1323
Silke Hesener:
-1501
Fax: +49/2558/ 81-1287
E-mail: gerd.rohrsen@cargobull.com
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