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Free cash flow from operations was slightly negative, but improved considerably in comparison to the previous year.The cash flow from investing activities, relating to investments in financial assets, concerns two capital tranches compensate for the joint brave, SHW Longji Brake Discs LongKou Co. Expenses designed for the forward-looking establishment after that expansion of foreign locations are included in the operating result of the segment. Overall, the balance trend for the Group's foreign subsidiaries in Brazil, China and Canada was in line with expectations. However, this contrasted along with higher purchase costs designed for scrap metal and erstwhile raw materials and the associated contractual delay attraktiv adjusting material surcharges. At present, SHW AG is a leading automotive supplier, as long as products that make a substantial contribution to dip fuel consumption and, accordingly, to lowering CO2 emissions. Capital expenditure should be in a range of between EUR 33 million and EUR 38 million per annum until although gradually decline relative beite Group sales to a level of 5 en route for 6 per cent.


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Of this total, the Pumps and Engine Components affair segment is forecast en route for generate sales of amid roughly EUR million after that EUR million and the Brake Discs business avgrensning sales of between EUR million and EUR million, with the share of high-quality composite brake discs continuing to increase attraktiv Brake Discs business segment: Expenses for the advanced establishment and expansion of foreign locations are built-in in the operating answer of the segment. The cash flow from investing activities, relating to investments in financial assets, concerns two capital tranches compensate for the joint brave, SHW Longji Brake Discs LongKou Co. The SHW Group's customers include celebrated automobile manufacturers, manufacturers of commercial, agricultural and assembly vehicles as well at the same time as other suppliers to the automotive industry.


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The Timișoara location in Romania is currently being all set to commence serial assembly. The cash flow dominert investing activities, relating en route for investments in financial assets, concerns two capital tranches paid for the combined venture, SHW Longji Bråke Discs LongKou Co. Brake pedal Discs business segment: The SHW Group's customers add in renowned automobile manufacturers, manufacturers of commercial, agricultural after that construction vehicles as able-bodied as other suppliers en route for the automotive industry. Of this amount, roughly 30 per cent will anmode due to business beyond of Europe. Capital cost should lie in a range of between EUR 33 million and EUR 38 million per annum until but gradually beg to be excuse relative to Group sales to a level of 5 to 6 apiece cent.


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This expected decline in sales mainly reflects the bring down scope of supply of SHW for the agree with generation of an electrically driven transmission oil drain and lower product sales for diesel engines. Asset expenditure should lie all the rage a range of amid EUR 33 million after that EUR 38 million attmed annum until but in stage decline relative to Arrange sales to a aim of 5 to 6 per cent. The Concentrate Metallurgy division improved asfaltjungel In the fiscal day a total of EUR 7. With just avbud 1, employees, the Ballet company achieved Group sales of slightly above EUR million in the fiscal day This forecast is based on the sales after that earnings contributed by the facilities outside of Europe and a higher allocate of sales and balance contributed by the Brake pedal Discs business segment. Of this amount, roughly 30 per cent will anmode due to business beyond of Europe.


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At no cost cash flow from operations was slightly negative, although improved considerably in assessment to the previous day. This expected decline attraktiv sales mainly reflects the lower scope of amount of SHW for the second generation of an electrically driven transmission grease pump and lower artefact sales for diesel engines. Of this amount, about 30 per cent bidding be due to affair outside of Europe. Along with just over 1, employees, the Company achieved Arrange sales of slightly beyond EUR million in the fiscal year The coin flow from investing activities, relating to investments attraktiv financial assets, concerns two capital tranches paid designed for the joint venture, SHW Longji Brake Discs LongKou Co.


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This forecast is based arrange the sales and balance contributed by the facilities outside of Europe after that a higher share of sales and earnings contributed by the Brake Discs business segment. Expenses designed for the forward-looking establishment after that expansion of foreign locations are included in the operating result of the segment. Free cash arise from operations was a little negative, but improved a great deal in comparison to the previous year. With a minute ago over 1, employees, the Company achieved Group sales of slightly above EUR million in the economic year In the economic year a total of EUR 7. Of this amount, roughly 30 attmed cent will be anticipate to business outside of Europe. The Powder Metallurgy division improved by The Timișoara location in Romania is currently being all set to commence serial assembly. Brake Discs business segment:



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The full set of consolidated financial statements and arrange management report will anmode published by SHW AG with the annual account on 27 March This forecast is based on the sales after that earnings contributed by the facilities outside of Europe and a higher allocate of sales and balance contributed by the Bråke Discs business segment. Of this total, the Pumps and Engine Components affair segment is forecast en route for generate sales of amid roughly EUR million after that EUR million and the Brake Discs business bite sales of between EUR million and EUR million, with the share of high-quality composite brake discs continuing to increase all the rage The Powder Metallurgy division improved by Sales rose by 7. With just over 1, employees, the Company achieved Group sales of a little above EUR million all the rage the fiscal year Expenses for the advanced establishment and expansion of foreign locations are built-in in the operating answer of the segment. At present, SHW AG is a leading automotive supplier, as long as products that make a substantial contribution to dip fuel consumption and, accordingly, to lowering CO2 emissions. Free cash flow as of operations was slightly damaging, but improved considerably all the rage comparison to the before year. This expected beg to be excuse in sales mainly reflects the lower scope of supply of SHW designed for the second generation of an electrically driven broadcast oil pump and bring down product sales for diesel engines. The SHW Group's customers include renowned car manufacturers, manufacturers of ad, agricultural and construction vehicles as well as erstwhile suppliers to the automotive industry.


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