Press release
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A aalberts mission critical technologies Aalberts trading update Aalberts realised in the first ten months an organic revenue growth of 17.1 % compared to last year . Our orderbook end of October is 54 % higher than last year and 59 % higher compared to 2019. The added value margin is on a good level due to pricing initiatives . Capital expenditure has further accelerated . Our business teams are still able to manage the disruptions in our supply chains and the raw material and labour shortages , which takes a lot of attention and effort . Besides some small shipment postponements , we faced no severe issues till now . The implementation of the strategic restructuring programme , inventory reduction projects and divestment programme is on track . Regional manufacturing becomes favourable to improve service , protect the supply chains and reduce transport . We experience this reshoring trend in all businesses and are further strengthening our manufacturing footprint in Western Europe , Eastern Europe , United Kingdom and North America . Activities in our eco - friendly buildings end market continued to do well in all regions with a record orderbook . We are increasing our manufacturing efficiency and capacity in combination with acceleration of our capital expenditure . New build and renovation of residential and commercial buildings is increasing , driven by more demand and the transition towards sustainable heating and cooling systems . Besides , innovations are driving our growth . The restocking of the distribution channels is still ongoing due to low stock levels . 10 November 2021 In the semicon efficiency end market we continued to perform very well . The orderbook further increased last months to a record level . Our capacity expansions and efficiency improvements are ongoing . New system co - developments with our key accounts are progressing . Aalberts is a key enabler to realise capacity growth and new developments for our customers . Our activities in the sustainable transportation end market realised a good performance , despite disruptions in the supply chain at the facilities of our customers . The demand for passenger cars and commercial vehicles is strong , continuing the need for precision manufactured parts and specialised surface technologies . This is accelerated by new developments in e - mobility and lightweight materials . Premier Thermal , leading player in aluminium treatment , is strengthening our position . Our aerospace activities are recovering fast . In the end market for industrial niches our orderbook further improved the last months in Europe and North America , although we are not yet on the same level as two years ago . We expect further recovery . contact +31 ( 0 ) 30 3079 301 ( from 8:00 am CET ) 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 . press release Aalberts N.V. 1/1