ITMA – a great success for Shima Seiki
Despite having fewer exhibitors and a fewer number of visitors than the previous show in Münich four years ago, the 2011 edition of the International Exhibition of Textile Machinery (ITMA 2011) in Barcelona ended with results that far exceeded expectations for Shima Seiki.
Considering the current global economy and the fact that an overwhelming majority of textile production is located in China, the venue location of Barcelona, Spain did not offer consolation for concerns initially raised regarding cost-effectiveness of exhibiting at ITMA.
Despite these seemingly unfavorable conditions, Shima Seiki, having strong interests remaining in Europe including Spain and other markets outside of East Asia, elected to exhibit, not to cater to any specific market, but to pay homage to the traditions of ITMA as a showcase for new technology.
With “Solutions for Diversity” as its exhibit theme, Shima Seiki presented a range of products that reflected the dichotomy of the flat knitting machine market. Anticipating the ITMA visitor profile to include both high-volume export-oriented factories as well as manufacturers catering to local consumer markets, Shima exhibited a balanced cross-section of its entire lineup in both shaping and WHOLEGARMENT applications….Read More…!!
Oerlikon continues strong profitable sales growth
Oerlikon Group posted a strong increase in sales in the first nine months of 2011 on double-digit sales growth across four Segments. All regions delivered sales growth, primarily driven by significant increases in Asia. Although order intake was stable year-on-year, certain Segments showed robust order growth. Streamlining of the Group’s portfolio continued in the third quarter with the closing of the Carding divestment.
Dr. Michael Buscher, CEO of Oerlikon Group, said: “Oerlikon’s nine-month performance reflects disciplined execution of our strategy. We are benefiting from the systematic implementation of our operational excellence initiatives, with an increasingly efficient conversion from orders to sales. The growth in sales is also based on our high emerging market penetration and our strong innovation pipeline.” Oerlikon Group CFO Jürg Fedier said: “We continue to see improvements in our underlying performance and profitability. As a result, we are raising our profitability guidance.”
The global economic environment remains uncertain but with Oerlikon’s broad portfolio mix and operational discipline, the Group is now better positioned to tackle challenges and to achieve its financial targets. Oerlikon is confirming its previous sales and order intake guidance and increasing its profitability guidance for the full year. EBIT margin is now expected to exceed 9 percent for 2011….Read More…
ITMA a successful event for Rieter
During the 8-day exhibition Rieter delighted its customers at the ITMA Barcelona with many novelties and highlights. The 4 spinning systems were presented in direct comparison. This enabled exhibition visitors to become familiarized with the advantages of the individual technologies and their respective yarns from the qualitative and economical aspects.
High-ranking visitors such as the winner of the competition “The oldest Rieter spinning machine”, the Swiss Ambassador, the winners of this year’s Rieter Award as well as partners from our main markets were hosted on the Rieter exhibition booth. The sales success experienced during the exhibition served to strengthen Rieter’s perception of how well the machines have been received by customers.
The Comfort of Competence
As a competent partner, Rieter makes life easier for its customers and supports them from the initial investment discussions through to the successful operation of a spinning plant. Extensive knowledge from the fiber to the yarn and further to the finished textile are the foundations for the development of innovative machines that provide a constantly high yarn quality. All this lies behind the new slogan „The Comfort of Competence“ that Rieter launched at the ITMA.
In the comfortable armchair, known from the advertizing campaign for the new slogan, visitors could recline cozily and have an original souvenir photo taken.
4 Spinning systems from a single source
Rieter, the only supplier of all 4 spinning systems, proved at the ITMA Barcelona its competence to advise every customer on the choice of the right spinning system. Customers profit from economical comprehensive solutions and thereby from sustainable market success….Read More..
