Messer concludes anniversary year with record results
The consolidated turnover of Messer increased by about ten per cent from €1.232 billion in the previous year to €1.350 billion in 2018. At the same time, Messer achieved an EBITDA of €366 million. This equates to an increase of around 26 per cent in comparison with the previous year. The businesses of Messer in China and Vietnam made a significant contribution to growth with an increase in sales of approximately 27 per cent and 18 per cent respectively.
The highlight of 2018 was the agreement with Linde and Praxair to take over businesses in the Americas that had to be sold due to antitrust requirements. In March 2019, Messer together with finance partner CVC Capital Partners, took over a major part of Linde’s activities in the USA, as well as the entire Linde companies in Brazil, Canada and Colombia, and Praxair’s Chilean company. As a result, Messer will double its business volume.
“We have captured new fields of business and markets, invested in growth and supply reliability and focused on the requirements of our customers. This approach in 2018 has given us the best financial year in our company’s history to date,” said CEO Stefan Messer.
The sustainability report can be viewed here: https://jahresbericht.messergroup.com/en.
Caption: Stefan Messer, owner and CEO of the Messer Group GmbH, Copyright Messer
MESSER CUTTING SYSTEMS: THE APEX OF TECHNOLOGY FOR MORE THAN 100 YEARS
Messer Cutting Systems is a global supplier of cutting edge technology. The company offers products and services for the metalworking industry which set standards world-wide. As market leader in its branch, the machine manufacturer supplies complete solutions and concentrates strategically on advising its customers and customer oriented innovation. Here, the company focusses on the digitalisation of processes and products. Messer Cutting Systems is represented with more than 800 employees in 5 main locations with production facilities and in more than 50 countries.
The product range includes oxyfuel, plasma and laser cutting systems from hand guided machines right up to special machines for shipbuilding as well as machines and equipment for oxyfuel welding, cutting, brazing, soldering and heating. Spare parts, repairs, modernisation, maintenance and service as well as environmental technology round out the product portfolio. In-house software solutions optimise production and business processes. The product range is extended by solutions from technology partners, for example in the field of automation.
An intensive dialogue with our customers has prime position – the modern training centre makes this claim clear. World-wide, Messer Cutting Systems is the partner of choice for cutting systems, oxyfuel technology and customer consultancy.