Press release
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A aalberts mission critical technologies Aalberts trading update - first four months 2021 Aalberts made a good start of the year . In the first four months we realised an organic revenue growth of 15 % compared to last year . The orderbook end of April was 30 % higher than last year . Activities in our eco - friendly buildings end market did very well in all regions . Several growth drivers are contributing to this good performance . First , the market recovery and the restocking of the distribution channels after the COVID - 19 impact last year . Secondly , end users are investing more in renovation and upgrading of residential housing . Thirdly , our innovations launched the last years are driving our growth , such as the expansion of our offering of connection and valve technology and our hydronic flow control solutions in combination with digital services . This is accelerated by governmental support programmes stimulating building efficiency and the transition towards sustainable heating and cooling systems . In the semicon efficiency end market we again realised a strong growth and performance in the first four months of the year . Long - term growth drivers are strong microchip demand for computer logic and storage , e - mobility developments , investments in new fabs and 5G roll - out . Based on these growth drivers , the existing orderbook and discussions with our key accounts we expect a strong growth for this year and the years ahead . We are in the process of preparing further expansions in all our locations . In parallel , we are recruiting additional engineers to facilitate the requests for many new co - developments . Our activities in the sustainable transportation end market showed a strong recovery driven by more customer demand , restocking of the supply chain and new technology developments in the electrification of vehicles , such as new and higher specifications for surface technologies for lightweight materials in combination with precision manufactured parts . Our sustainable fluid control solutions for climate systems in passenger cars showed a strong growth . In the aerospace market we see a slight recovery of order intake . In the end market for industrial niches our orderbook increased the last months and we expect a further increase towards the second half of the year . First signs of recovery within beverage dispense are visible . So far , we have no severe issues with raw material shortages . Our business teams are managing the local situation with their suppliers . In the first four months of the year we evaluated the business development and innovation roadmaps with our business teams and accelerated and expanded the existing projects and initiated additional developments . To facilitate these growth plans our capital expenditure for this year and the coming years will increase . The strategic restructuring and inventory reduction projects made good progress and are on track . Our goal is to evolve faster into an even stronger and better Aalberts , realising our strategic objectives . contact +31 ( 0 ) 30 3079 301 ( from 8:00 am CEST ) investors@aalberts.com regulated information This press release contains information that qualifies or may qualify as inside information within the meaning of Article 7 ( 1 ) of the EU Market Abuse Regulation . 11 May 2021 press release Aalberts N.V. 1/1