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Semperit Group on a rapid growth path with hydraulic hoses

Further expansion in Europe’s largest hose factory Semperflex Optimit. Hydraulic hose capacities increase again by around 30%. Investment volume of EUR 20 million


Vienna, Austria / Odry, Czech Republic, 07 November 2017 – The Semperit Group reacts to the constantly good order situation in the Semperflex segment by further expanding Semperflex Optimit in Odry, Czech Republic: 20 million euros were spent on the latest expansion of the hydraulic hose production, enhancing the capacities in Europe’s largest hose factory by approximately another third. With this step, Semperit creates additional jobs in the high double-digit range and sustainably secures its leading position as Europe’s largest hose manufacturer.

“With high-quality products and a strong sales performance, Semperflex has managed to increase sales and market shares despite difficult economic conditions. Demand for our hydraulic hoses is so high that we had to start the next expansion step immediately after having put the latest expansion stage into operation in spring 2015,” says Martin Füllenbach, CEO of Semperit AG Holding, on the occasion of the opening of the new production site. “By further expanding our factory in Odry, we are creating the necessary capacities to continue fully meeting our customers demand and to secure our growth path on the production side. Moreover, with additional jobs we underline the great importance of Semperflex Optimit as one of the largest employers in the region.”

Semperflex is one of the globally leading manufacturers of hydraulic and industrial hoses. Semperflex hoses are used in a variety of industries that profit from long-term mega trends such as population growth, urbanisation and industrialisation. With the recent expansion, Semperit has successfully completed the third expansion stage at the Odry site within three years. Construction started in summer 2016. Additional hydraulic hose capacities will be available step by step from the end of 2017/beginning of 2018. After completion, Europe’s largest hose factory will have a manufacturing capacity for hydraulic hoses that is around 30% higher than at the beginning of the investment programme in 2014.

Photo download: New hydraulic hose production hall Odry 2017

Contact:
Monika Riedel
Group Head of Communications & Sustainability
+43 676 8715 8620

Stefan Marin
Head of Investor Relations
+43 676 8715 8210

www.semperitgroup.com
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About Semperit
The publicly listed company Semperit AG Holding is an internationally-oriented group that develops, produces, and sells in more than 100 countries highly specialised rubber products for the medical and industrial sectors: examination and surgical gloves, hydraulic and industrial hoses, conveyor belts, escalator handrails, construction profiles, cable car rings, and products for railway superstructures. The headquarters of this long-standing Austrian company, which was founded in 1824, are located in Vienna. The Semperit Group employs around 6,500 people worldwide, including about 3,500 in Asia and more than 800 in Austria (Vienna and production site in Wimpassing, Lower Austria). The Group has 22 manufacturing facilities worldwide and numerous sales offices in Europe, Asia, Australia and America. In 2016 the group generated revenue of EUR 852 million and an EBITDA of EUR 78 million.

About Semperflex
The Semperflex segment of the Semperit Group develops, manufactures and markets hydraulic and industrial hoses. Production at sites in Austria, Czech Republic, Italy, Germany, China and Thailand takes place in line with the highest quality standards. Semperflex plans to further strengthen its leading market position by continually expanding production capacities and increasing its presence on growth markets. In 2016 Semperflex generated a revenue of EUR 202 million and an EBITDA of EUR 48 million.

About Semperflex Optimit
Semperflex Optimit is the biggest manufacturer of industrial and hydraulic hoses in the world with an export rate of more than 90%. With 850 employees, the company is also one of the largest employers in the region. Since 1998, the company in Odry has been part of the Semperit Group (Austria), which ranks among the world’s largest rubber manufacturers.


Contact

Monika Riedel
Director Group Communications and Sustainability
T +43 1 79777-620