Recovery in order intake stable profit higher investment in production facilities and technological innovations growth areas electrics and automation, service, energy saving and green technology.

The SMS group of metallurgical plant and machinery construction companies attracted an order intake in business year 2010 totaling EUR 2.931 billion (2009: EUR 2.341 billion) and generated sales of EUR 3.036 billion (2009: EUR 3.891 billion).

The net result for the group, at EUR 262 million, was EUR 39 million higher than the figure in the previous year (2009: EUR 223 million).

The two Business Areas SMS Siemag and SMS Meer profited equally from the upswing on their markets. Specifically, order intake at SMS Siemag was up by 28% to EUR 1.892 billion, and at SMS Meer by 20.6% to EUR 1.039 billion.