The German arm of the global machine tool manufacturing company has reported a record order intake for the first quarter of the year, with the firm breaking the €800 million mark.
At the recent 116th Annual General Meeting of shareholders DMG MORI Aktiengesellschaft welcomed approximately 450 shareholders. Thus some 88% of the share capital were represented. The shareholders voted with a clear majority to adopt the resolutions proposed by the Executive Board and Supervisory Board. Subsequently, the Supervisory Board voted Dr. Eng. Masahiko Mori as its chairman. He succeeds Prof. Dr.-Ing. Raimund Klinkner, who retires from the board.
Dr. Eng. Masahiko Mori has been the president of the DMG MORI Company Limited since 1999, which holds an indirect investment of 76.03% in DMG MORI Aktiengesellschaft, according to its latest voting rights notification.
Meanwhile the German arm of global machine tool giant DMG Mori, DMG Mori AG, has reported a record order intake for the first quarter of the year, with the firm breaking the 800 million euro mark for the first time. And the Japanese parent has revealed early details of new technology involving AI and automation.
A boost of 18% saw DMG Mori AG notching up an order intake figure of 821.8 million euro (previous year was 693.9 million euro), while sales revenues also grew, by 9%, hitting 581.8 million euro (533.9 million euro the previous year).
Domestic orders grew by 21% to 251.7 million euro (previous year was 208.6 million euro); international orders amounted to 570.1 million euro (+17% on the previous year 485.3 million euro) and the share of international orders was 69% (previous year was 70%).
On 31 March 2018, the DMG Mori AG order backlog amounted to 1 541.9 million. The high order backlog and the very high capacity utilisation at the production plants have led to long delivery times, admits the company, but it says it is counteracting this development with stronger flexibility measures and sound business relationships to its partners and suppliers.
The company has also revealed plans for robot-based automation under the heading MATRIS – Module Automation Transfer Robot Intelligence System. Features of this are stated as: Great modularity for easy installation; No complex programming, with an in-house E-box MAPPSConnected set-up and flexible retrofit after delivery.
Another technological development unveiled is AI/deep learning-based thermal compensation for turning machines, with this going by the name ‘Ultra thermal precision’. It employs machine-embedded sensors and AI on the CELOS control system.
For more information contact Retecon Machine Tools on TEL: 011 976 8600 or visit www.retecon.co.za