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| VDMA Photovoltaic Equipment: Another significant decrease in turnover for the third quarter 2009 |
| Monday, 08 February 2010 16:23 | |
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Incoming orders remain at a low level Record sales of 2008 not achieved any more „The slump in orders started already during the third quarter of 2008. An intermediate high during the first quarter of 2009 has not resulted in positive turnovers due to displacements and cancellations. However, the bottom should be reached now", Fath comments the result. With 78 per cent the export ratio continues its descent from 88 per cent in spring 2009. "Generally speaking the domestic turnover is more robust during this crisis. The American market for photovoltaic equipment does not yet meet the ambitious expectations. However, after a complete standstill, incoming orders from America reached last year's volume", adds Dr. Eric Maiser, director of the photovoltaic equipment forum within VDMA. The average range of orders reported by the participating companies went down to 7.6 production months by the end of September, thus still being three months above the respective VDMA average. According to the estimates of the companies the turnover is expected to increase again during the fourth quarter of 2009. "Certainly the record sales of the year 2008 will not be reached again. A decrease of ten per cent is most likely", states Maiser. Engineering industry remains key for cost reduction The conditions for photovoltaics in Germany have changed with the announcement of an additional 15 per cent drop of the feed-in-tariff recently which will come into effect by April 2010. „It is not clear yet, whether the machinery industry will profit from the continuously high price pressure on the photovoltaics producers, or whether the number of our clients and thus the tendency to invest will decline", explains Fath. After the Copenhagen summit it remains important that demand for photovoltaics speeds up globally, and becomes a success story beyond Germany alone, he says. „There is an increasing number of reports from our industry that the order situation has improved during the fourth quarter. This shows that only investment in up-to-date production equipment helps the manufacturers to cope with cost pressure. German machine makers are forerunners with innovative innovative production solutions. However, in the machinery industry too, there will be winners and looers", stresses Fath. Approximately 100 VDMA member companies are active in the photovoltaic sector. The VDMA photovoltaic equipment forum is the topic-oriented collaboration of the VDMA sectors electronics production (Productronics), glass technology, energy, organic electronics, robotics and automation, laser technology and photonics, as well as surface treatment, vacuum technology and flat panel displays. The foundation of the forum has allowed for an extension of this topic within VDMA, closer networking and the use of synergies between the VDMA sectors as well as the creation of a PV brand for VDMA. The German Engineering Federation (VDMA) represents more than 3,000 companies in the engineering industry, many of which are small and medium sized enterprises. With about 933,000 employees (as of September 2009) all over Germany and a sales turnover of 205 billion Euros (in 2008) the industry is the biggest employer and one of the leading sectors of the German industry as a whole.
Source : Contact Name: Dr. Eric Maiser |
