Incoming orders for large-scale plant construction rose in 2018 for the first time in five years. Orders are expected to rise in the current year. The volatility of the sales markets and the high competitive pressure will continue.
Estral Spa in Manerbio, Italy, has awarded SMS group a contract to supply a HybrEx28. This extrusion press is the second press the company has ordered from SMS group and the first one of the new HybrEx series for the Italian aluminium market. It extrudes aluminium billets with a maximum force of 28 MN and a top speed of 20 mm per second.
SMS group looks back to a business year 2017, which was characterized by a slightly increased order intake and slightly decreased sales. The company intends to adapt to the globally low market volume in metallurgical plant construction by cutting back on personnel, reducing overcapacities and implementing efficiency-boosting measures, thus positioning itself more competitively.