Assessment of the Overall Expected Development of the Group
The Demag Cranes Group has a solid overall financial base. We are already well positioned in key markets. With the restructuring programme systematically implemented, we believe we have successfully mastered the crisis. In the past few years, we have honed the competitive edge of Demag Cranes by investing in future-ready products and innovative services. The ongoing Group integration will continue to increase our efficiency. Under its clear standalone strategy, Demag Cranes is primarily targeting robust business expansion in emerging markets by the launch of new product lines combined with significant growth in profitable service business. Our goal is to be number one in our industry in cash flow and profitability through organic growth and acquisitions. In particular, our successful service activities with the largest installed base of cranes and strongest spare parts business in the industry are an excellent starting point towards this goal.
Düsseldorf, 29 November 2010
Aloysius Rauen
Rainer Beaujean
Thomas H. Hagen

