With an 86% increase, SMS group almost doubled its order intake to reach 3,507 million euros in the 2021 financial year, recording the highest level in ten years. The reasons for this substantial rise are catch-up effects in the wake of the previous year’s slump triggered by the COVID-19 pandemic and the growing demand for decarbonization and recycling technologies. SMS group experienced a significant increase in the order backlog coming in at 3,944 million euros. Due to delays caused by the pandemic in the schedules for acceptance, the 2021 financial year closed with sales down 6.8% from the previous year at 2,559 million euros.Order intake – EUR 3,507 million, up 86.0% YoYOrder backlog – EUR 3,944 million, up 30.3% YoYSales – EUR 2,559 million, down 6.8% YoYEarnings before taxes – EUR 87 million, up 207% YoYSMS group CEO Mr Burkhard Dahmen said “Almost all industrialized countries have set themselves ambitious climate targets and resolved transformation strategies for their steel industries. Today, integrated steelworks produce around 1.3 billion tonnes of crude steel per year via the conventional BF-BOF route, accounting for 90% of all CO2 emissions from the steel industry. In the decades to come, these production capacities will be subject to transformation. As a systems supplier, we are in a position to support our customers comprehensively in every situation.”Under the hashtag #turningmetalsgreen, SMS not only supplies solutions and systems to the steel industry, but also develops technologies that enable the recovery and reuse of nearly all types of metals. In November 2021, a long-term, strategic partnership agreement was concluded with copper producer Aurubis, covering the development and construction of several modular recycling plants in Europe and North America. These modern multi-metal recycling plants will recover valuable metals, such as copper, nickel, tin, zinc, platinum and various precious metals, for reuse in the value creation cycle.SMS expects a sustainable and perceptible increase in incoming orders and a marked improvement in results over the next few years. The order intake in 2022 is expected to level out at the previous year’s figure, even in view of the Russia-Ukraine war.
With an 86% increase, SMS group almost doubled its order intake to reach 3,507 million euros in the 2021 financial year, recording the highest level in ten years. The reasons for this substantial rise are catch-up effects in the wake of the previous year’s slump triggered by the COVID-19 pandemic and the growing demand for decarbonization and recycling technologies. SMS group experienced a significant increase in the order backlog coming in at 3,944 million euros. Due to delays caused by the pandemic in the schedules for acceptance, the 2021 financial year closed with sales down 6.8% from the previous year at 2,559 million euros.Order intake – EUR 3,507 million, up 86.0% YoYOrder backlog – EUR 3,944 million, up 30.3% YoYSales – EUR 2,559 million, down 6.8% YoYEarnings before taxes – EUR 87 million, up 207% YoYSMS group CEO Mr Burkhard Dahmen said “Almost all industrialized countries have set themselves ambitious climate targets and resolved transformation strategies for their steel industries. Today, integrated steelworks produce around 1.3 billion tonnes of crude steel per year via the conventional BF-BOF route, accounting for 90% of all CO2 emissions from the steel industry. In the decades to come, these production capacities will be subject to transformation. As a systems supplier, we are in a position to support our customers comprehensively in every situation.”Under the hashtag #turningmetalsgreen, SMS not only supplies solutions and systems to the steel industry, but also develops technologies that enable the recovery and reuse of nearly all types of metals. In November 2021, a long-term, strategic partnership agreement was concluded with copper producer Aurubis, covering the development and construction of several modular recycling plants in Europe and North America. These modern multi-metal recycling plants will recover valuable metals, such as copper, nickel, tin, zinc, platinum and various precious metals, for reuse in the value creation cycle.SMS expects a sustainable and perceptible increase in incoming orders and a marked improvement in results over the next few years. The order intake in 2022 is expected to level out at the previous year’s figure, even in view of the Russia-Ukraine war.
