In early 2011, Muehlhan AG (Entry Standard; ISIN DE000A0KD0F7), a Hamburg company, will take over another production site for wind turbine tower coating on behalf of a long-term customer. The location, situated in Campbeltown, Scotland, will be the first production site in this specialty area outside of Denmark in which Muehlhan will invest in a production site together with one of its customers.
In the first six months of the current fiscal year, Muehlhan AG (Entry Standard; ISIN DE000A0KD0F7) generated EUR 85.2 million of sales revenues and EUR 2.2 million of net income. Although sales were lower than in the previous year (first half of 2009: EUR 100.3 million; net income: EUR 2.1 million), Muehlhan maintained a stable level of earnings. The number of employees has risen by 90 to now 2,324 overall, due to the increase of capacities in the Middle East. ...
The Muehlhan Group (Entry Standard; ISIN DE000A0KD0F7) has been awarded a new contract in the specialty shipbuilding sector. The company will soon start providing surface protection services for the German Navy’s supply ship BONN. This ship newbuilding project is expected to be completed by the end of 2012 at three different German shipyards. The scope of the surface protection work comprises some 200,000 m2 of blasting and coating work.
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MUEHLHAN AG - Internationaler Spezialist für maritimen Oberflächenschutz