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Business and Financial Review
Level of investments continues to be high
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In 2005, investments in property, plant and equipment
and intangible assets amounted to CHF 79.5 million, a
decline by CHF 8.3 million (9.5 %) against the prior
year due to the disinvestment of Blücher Metal ApS and
lower investments in tools for new products. As a percentage
of sales, the investment ratio in the year under
review was 4.1% and thus below the long-term average.
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Expenditures for property, plant and equipment
(in CHF million) |
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79.5 |
87.8 |
69.8 |
59.6 |
76.6 |
| In % of sales |
4.1 |
4.6 |
5.0 |
4.7 |
6.6 |
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The bulk of investments – approximately 60 % – in 2005
was again required for the ongoing replacement of
production facilities and the procurement of tools and
equipment for new products. About one third of the
expenditures were used for the expansion of existing
production capacities.
Substantial amounts were invested in a new flexible
machining center for PE fittings at the Jona (CH) plant,
a new cistern blow-molding machine at the Pfullendorf
(DE) plant, new buildings or expansions at the Givisiez
(CH) and Aylesford (GB) plants, the optimization of
production processes at the US plants as well as the
renovation and expansion of the Langenfeld (DE)
training center. |
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| © 2006 Geberit AG - All rights reserved. Please read our legal information. |
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Waterways
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