Hüttinger-chief: "Business at normal levels"
The stock market in turmoil - and how it looks at the Freiburg generator manufacturer Hüttinger? CEO Dieter Pauschinger still goes from a stable business. The German stock index DAX has lost in recent weeks strongly in value. German exports fell in June in the monthly comparison. One feels at Hüttinger been the downturn?
Pauschinger: We are located in new orders in a sideways motion. This means that we have good jobs, but currently no such growth in recent years. That does not surprise me too. Hüttinger has increased its revenues in fiscal year 2010/2011 compared to the same period by 50 percent to more than 150 million €. Such growth can not achieve the long term. In my estimation, is the pent-up demand after the 2009 crisis now been processed and the business can evolve after a period of recovery back to normal levels. Walks away from our planning for the coming months.
BZ: When the bank Lehman went bankrupt in 2008 fell, the courses and a little later came the biggest slump in German postwar history. Do not be afraid that all this repeated?
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