News

25.09.2008
elexis group

elexis press announcement on Factory Automation, Steel

+++ elexis: Major orders for Factory Automation, Steel

+++ Cold rolling mills order elexis products for euro 3.3 million

+++ Additional large orders expected in the short term in the steel sector

Wenden, September 25, 2008 - The elexis Group has acquired two major orders in the Factory Automation business unit. The orders were given by vaious machinery manufacturers for the cold rolling mills of Magnetogorsk in Russia and ThyssenKrupp Steel in Alabama, USA. The total volume amounts to euro 3.3 million. Both cold rolling mills will be 100 % equipped with the strip guidance systems and the quality control systems of Factory Automation, Steel.  Approximately one third of the order volume

was attributable to the quality control systems. It has been indicated that additional orders will be forthcoming in the short term in respect of the next expansion phase. The Russian growth market is in particular of strategic importance for the future organic development of the elexis Group.

The incoming orders of Factory Automation, Steel were significantly in excess of the internal plan already prior to these orders.

The shares of elexis AG (ISIN: DE 000 508 5005) are listed in the Prime Standard at the Frankfurt Stock Exchange. elexis AG is one of the companies included in the SDAX.

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