Aalberts N.V.: Aalberts trading update
10 Novembre 2021 - 7:30AM
Utrecht, 10 November 2021
Aalberts realised in the first ten months an organic revenue
growth of 17.1% compared to last year. Our orderbook end of October
is 54% higher than last year and 59% higher compared to 2019. The
added value margin is on a good level due to pricing initiatives.
Capital expenditure has further accelerated.
Our business teams are still able to manage the disruptions in
our supply chains and the raw material and labour shortages, which
takes a lot of attention and effort. Besides some small shipment
postponements, we faced no severe issues till now.
The implementation of the strategic restructuring programme,
inventory reduction projects and divestment programme is on
track.
Regional manufacturing becomes favourable to improve service,
protect the supply chains and reduce transport. We experience this
reshoring trend in all businesses and are further strengthening our
manufacturing footprint in Western Europe, Eastern Europe, United
Kingdom and North America.
Activities in our eco-friendly buildings end
market continued to do well in all regions with a record orderbook.
We are increasing our manufacturing efficiency and capacity in
combination with acceleration of our capital expenditure. New build
and renovation of residential and commercial buildings is
increasing, driven by more demand and the transition towards
sustainable heating and cooling systems. Besides, innovations are
driving our growth. The restocking of the distribution channels is
still ongoing due to low stock levels.
In the semicon efficiency end market we
continued to perform very well. The orderbook further increased
last months to a record level. Our capacity expansions and
efficiency improvements are ongoing. New system co-developments
with our key accounts are progressing. Aalberts is a key enabler to
realise capacity growth and new developments for our customers.
Our activities in the sustainable
transportation end market realised a good performance,
despite disruptions in the supply chain at the facilities of our
customers. The demand for passenger cars and commercial vehicles is
strong, continuing the need for precision manufactured parts and
specialised surface technologies. This is accelerated by new
developments in e-mobility and lightweight materials. Premier
Thermal, leading player in aluminium treatment, is strengthening
our position. Our aerospace activities are recovering fast.
In the end market for industrial niches our
orderbook further improved the last months in Europe and North
America, although we are not yet on the same level as two years
ago. We expect further recovery.
contact +31 (0)30 3079 301 (from 8:00 am CET)
investors@aalberts.com
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