futronic records positive result despite drop in sales

In the fiscal year just ended, futronic GmbH generated sales revenues of EUR 6.2 million. Despite the drop compared to the record result in the previous year, the control systems specialist is extreme…

In the fiscal year just ended, futronic GmbH generated sales revenues of EUR 6.2 million. Despite the drop compared to the record result in the previous year, the control systems specialist is extremely satisfied with the balance sheet figures for 2009. Encouraged by a good order situation, futronic is looking ahead to the future with confidence. “In the light of the overall economic trend, we are very pleased with this positive result, sums up Michael Preuss, who has been managing director of futronic together with Wolfgang Lachmann since 2004. “We“ve come through the recession intact.” Development and production remained at a normal level and compulsory redundancies were avoided. The bottom line: in the fiscal year that ended 31 March 2010, the company continued to make a profit. Preuss attributes the drop in sales compared to the same period last year to the cautious investment climate both in the container glass industry – futronic“s core market – and in its fledgling industrial automation segment. New investments were postponed and firm projects deferred to an indeterminate date in the future. Instead, many manufacturers opted to modernize their existing facilities and equip them with control systems made by futronic. The Tettnang-based company also profited from smaller, short-term projects. futronic has launched into the new fiscal year full of optimism. The decision to extend its sales network has already paid off, for example. “We succeeded in winning several new customers worldwide in the last financial year, Preuss continues. Feedback from relevant international exhibitions at which futronic has shown its products in the last twelve months has likewise been overwhelmingly positive. “Plans for a number of new projects are now well under way with the contracts in some cases signed and sealed, adds joint managing director Wolfgang Lachmann. futronic also intends to unveil a few new products this year, including solutions developed with partners, such as a warning system for oil separators. futronic“s Industrial Automation division was similarly affected by the decline in sales. In spite of this, the company is sticking to its medium-term objective of increasing its share of orders from the mechanical and plant engineering sector, for instance in bulk solids handling, to between 20 and 25% of total sales. “I“m confident that we can still achieve this ambitious goal, Lachmann explains.