Press releases

28.02.2020, Garching near Munich

The Zeppelin Group is among Germany's top employers

Group receives accolades from Stern and Focus Business

The Zeppelin Group has again been recognized as being among the best employers in Germany in 2020, achieving impressive results in two independent rankings by Stern and Business Focus magazines.

In the "1000 Top Employers in Germany in 2020" ranking, published by Focus Business magazine in its 01/2020 edition (circulation period: February 2020), Zeppelin came in 114th in the overall assessment, and was awarded an outstanding 5th place in the Industry category. In the Stern ranking, which was published in January, Zeppelin took its position at the head of the field with the best employers in Germany, in 160th place. The company came 9th in the rail, ship and aircraft construction segment, and 10th in the mechanical and plant engineering category.

"We are over the moon about these fantastic accolades that recognize us as a top employer, and delighted that they validate the Human Resources measures and initiatives we have implemented so far. Zeppelin will continue to work hard to offer our employees the optimum environment for them to fully realize their potential. We do this in various ways, from offering further and advanced training, through health-focused programs, to support in terms of childcare or if employees are experiencing difficult family situations," comments Alexandra Mebus, Labor Director and a Managing Director at the Zeppelin Group.

In collaboration with the kununu online employer rating platform, Focus Business magazine analyzed the ratings logged there in relation to more than 900,000 companies, with the analysis considering both the ratings themselves (at least 3.0 kununu stars) and the number of ratings given. Only companies with more than 500 employees were taken into account when determining the results. Factors such as corporate culture, work environment and remuneration were included in the survey, which has now been conducted eight times.

Stern took a similar approach in its Germany's 500 Best Employers ranking, which was published in January. This rating also only looked at companies that have more than 500 employees and have their head office in Germany. 45,000 employees completed an anonymous online survey for the ranking, which Stern has compiled in collaboration with market research institute Statista for the first time. The surveyed employees rated their own company as well as other businesses in the industry. The survey addressed more than 50 points, but the key question was whether the employees would recommend their respective employer to others.

Graphics: Seal „Top Nationaler Arbeitgeber 2020“ – Focus and „Deutschlands beste Arbeitgeber 2020“ – Stern.

© Zeppelin GmbH 

07.02.2020, Friedrichshafen / Garching bei München

The Zeppelin Group Celebrates 70 Years

The foundation-owned company is marking its big 2020 anniversary with various campaigns and communications

The Zeppelin Group, founded in Friedrichshafen in 1950, has an unparalleled success story to look back on. With various campaigns and communications planned under the motto “Yesterday – Today – Tomorrow”, the foundation-owned company will be celebrating its 70th anniversary through the whole year. 

Zeppelin was founded and commercially registered in July 1950, with the name Metallwerke Friedrichshafen, as the successor company to Luftschiffbau Zeppelin GmbH. The company started producing silos and metal containers in the same year. In 1954, the foundation-owned company partnered with US-based manufacturer Caterpillar, taking over the exclusive distribution and service of its agricultural and construction equipment in West Germany, as it was then.

“70 years of the Zeppelin Group means 70 years of success; we are proud of the commitment and innovative spirit of the people who have shaped Zeppelin and continue to shape it today. The roots of the company originate with aviation pioneer Graf Ferdinand von Zeppelin, whose values, wealth of ideas, and genius for innovation remain groundbreaking to this day,” says Andreas Brand, Lord Mayor of the City of Friedrichshafen and Chairman of the Supervisory Board of Zeppelin GmbH, commenting on the anniversary.

“Zeppelin has always moved with the times and responded flexibly to customer needs. We have continually expanded our portfolio of products and services, and established our position on an internationally broad basis. I’m particularly pleased that we were able to welcome colleagues to our new distribution and service territories in northern Europe at the start of this anniversary year. With a total of around 10,000 employees, the Zeppelin Group is ideally equipped to tackle future challenges and digitization,” comments Peter Gerstmann, Chairman of the Management Board of the Zeppelin Group.

Zeppelin has brought together interesting, informative, and noteworthy stories about the company, the people that have shaped it in the past, and those who are already defining its future; these stories can be found on the specially created blog at www.zeppelin70years.com, which will be updated throughout the year with new pictures, anecdotes and interesting facts.

All anniversary-related activities will be labeled with a special anniversary icon. From February 2020, many posts on the company’s social media channels (LinkedIn, Xing, Twitter and Instagram) will be added with the hashtag #weare70.

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Picture 1: Zeppelin’s first office building in Garching (Graf-Zeppelin-Str.), which was built at the end of the 1960s and was in use until 2007. (The picture dates back to 1986).

© Zeppelin GmbH / Bavaria Luftbild

03.01.2020, Garching near Munich

Zeppelin Group Now Also Represented in Northern Europe

Takeover of the distribution and service of Cat products in Sweden, Denmark and Greenland, as well as distribution and service of MaK engines in the Baltic region, Finland, Iceland and the Faroe Islands by the Zeppelin Group has been approved by the supervisory authorities

The Zeppelin Group continues to expand, and is developing its partnership with Caterpillar. On 01/01/2020, Zeppelin has also taken over the distribution and service of machines and components by the US American construction machine manufacturer Caterpillar in Sweden, Denmark and Greenland. The portfolio also includes drive, propulsion, traction, and energy systems, as well as machine and equipment rental. For the engine brand MaK, in addition to Sweden, Denmark and Greenland, the Zeppelin Group is also taking over distribution and service for engines and energy generators in the Baltic states (Estonia, Latvia and Lithuania), Finland, Iceland and the Faroe Islands. The transaction has been approved by the European supervisory authorities.

Zeppelin is pursuing a solid, long-term growth strategy, and sees a lot of potential in the new distribution and service territories. The machine population will be consistently expanded in these markets, and the spare parts and service business will be strengthened with an excellent service concept. Another focus is the development of a strong rental organization as well as the advancement of the used machines business.

“We are looking forward to continuing the success story of the Zeppelin Group with our new northern European colleagues and our long-standing partner Caterpillar. We will now also offer customized solutions for our customers in northern Europe,” commented Peter Gerstmann, Chairman of the Management Board at Zeppelin GmbH, upon successful completion of the transaction.

Andreas Brand, Chairman of the Supervisory Board of Zeppelin GmbH and Mayor of the City of Friedrichshafen, continues: “The success of Zeppelin is based on the motivation and passion of its employees. This has made the Zeppelin Group the world’s largest and most successful distribution and service partner for Caterpillar.”

As part of the contractual arrangements, the assets necessary for business activities will be transferred from the Dutch consortium Pon to Zeppelin.
Existing employment relationships with the approximately 800 Pon employees will also be taken over by Zeppelin.

As part of the expansion, the Zeppelin Group will also be rearranging its Strategic Business Units (SBUs). In the new distribution and service territories, construction and mining equipment will be managed in a separate SBU under the name Construction Equipment Nordics. Management of this SBU and of the new group companies in Sweden and Denmark will be taken over by Volker Poßögel, who was previously manager of the Power Systems business unit.

In addition to the distribution and service partnership with Caterpillar, Zeppelin will also integrate the SITECH companies in Sweden and Denmark. They specialize in the distribution and service of products by the US technology company Trimble. Trimble is the leading manufacturer of machine controls, GPS navigation systems and fleet management systems worldwide, offering both hardware and software for construction planning and managing integrated construction processes.

Another component of the transaction is that Baltic Marine Contractors (BMC), based in Tallinn, Estonia, and currently part of Pon, will be transferred to Zeppelin. This company bundles the distribution and service activities for the brand MaK, under which premium marine engines and large gas engines for energy production are offered. In the future, Zeppelin will manage the distribution and service of these motors not only in Sweden, Denmark and Greenland, but also in the Baltic states (Estonia, Latvia, Lithuania), Finland, Iceland and the Faroe Islands.

US company Caterpillar Inc. is the leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives in the world. Caterpillar sells its products in different countries and regions via independent sales and service partners (dealerships).

Zeppelin has been active in the distribution and service of Caterpillar construction and mining equipment, as well as Cat and MaK engines, since 1954. Over the years, the Group has continuously expanded its sales and service territory as well as its portfolio of products and services. Today, Zeppelin offers these products and services not only in Germany, Austria, the Czech Republic and Slovakia, but also in much of the Russian Federation, in Ukraine, Turkmenistan, Uzbekistan, Tajikistan, Armenia and Belarus. 

18.12.2019, Garching near Munich

The Zeppelin Group appoints new Head of the Power Systems business unit

Ralf Großhauser takes over as Head of the Zeppelin Group’s Power Systems strategic business unit. Volker Poßögel becomes Head of the Construction Equipment Nordics strategic business unit

Ralf Großhauser has taken on the Chairmanship of the Management Board of Zeppelin Power Systems GmbH & Co. KG and associated management of the Zeppelin Group Power Systems strategic business unit (SBU). He succeeds Volker Poßögel, who will be managing the newly set-up Construction Equipment Nordics strategic business unit, as soon as business handover is complete.

Ralf Großhauser took over the management of the Power Systems strategic business unit (SBU) as well as the Chairmanship of the Zeppelin Power Systems GmbH & Co, KG Management Board from Volker Poßögel on November 1, 2019. His many years of experience in the engines product area, the development of market and company strategies, and in the management of independent business sectors serve as fantastic preparation for his new role.

Zeppelin has been accepted by Caterpillar to take responsibility for the distribution and service of Cat products in Sweden, Denmark, and Greenland, and will be taking over business activities there with effect from January 1, 2020. This expansion of the distribution and service territory means that the strategic business units (SBUs) within the Zeppelin Group will be reconfigured. In future, all activities relating to construction and mining equipment for the companies in Sweden and Denmark will be brought together in the Construction Equipment Nordics strategic business unit. Volker Poßögel will take over management of the new strategic business unit, and will also become Chair of the Management Board of the new Group companies in Sweden and Denmark. As a result, upon completion of business handover, he will bear responsibility for the distribution and service of Caterpillar products in Sweden, Denmark, and Greenland.

Mr. Poßögel (57) has already been employed at the Zeppelin Group since 2002, and has significantly contributed to the establishment and expansion of Power Systems’ activities as well as its internationalization. He has been managing the Power Systems strategic business unit since 2010, and has greatly developed the unit through measures including its strategic alignment as a solutions provider; a focus on service business; and stepping up collaboration with Caterpillar. For the industry, marine, rail applications, and power generation segments, as well as the oil and gas industry, extraordinarily successful orders have been achieved under his management.

Ralf Großhauser (49) holds two degrees, in engineering and business administration. Before his move to Zeppelin, Mr. Großhauser worked as a spokesperson for the management (CEO) at tegimus holding GmbH (Thermamax Group), as well as holding various positions at MAN Energy Solutions SE. There, his responsibilities included managing the turbocharger segment for many years. His achievements in the role included the introduction of four new product series, expansion of the service network, and increasing new-build sales within just a few years.

 

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Photo caption: Volker Poßögel (left) and Ralf Großhauser (right)

© Zeppelin GmbH

26.09.2019, Garching near Munich

The Zeppelin Group on course for growth

The Zeppelin Group on course for growth

Zeppelin takes over distribution and service of Cat products in Sweden, Denmark and Greenland, as well as distribution and services for MaK engines in the Baltic states, Finland, Iceland and the Faroe Islands

Garching near Munich, September 26, 2019. The Zeppelin Group is advancing its cooperation with Caterpillar. Zeppelin is set to take over the distribution and service of Cat construction equipment and special equipment for surface and underground mining in Sweden and Denmark (including Greenland). The portfolio also includes drive, propulsion, traction, and energy systems, as well as machine and equipment rental. The Group is additionally taking over distribution and service for the MaK engine brand in the Baltic states, Finland, Iceland and the Faroe Islands. The transaction will take place subject to the consent of the European antitrust authorities. 

Caterpillar is set to appoint Zeppelin with the responsibility to cover the service territories of Sweden, Denmark and Greenland for Cat construction and mining equipment, as well as of Cat and MaK engines. 

Previously the Dutch Pon group has been covering those territories as a Cat dealer. Pon will continue to be the Cat dealer in the Netherlands, as well as in Norway, and will concentrate its resources and activity on these two markets. Pon and Zeppelin have agreed that the assets of Pon’s previous business operations in Sweden and Denmark will be migrated to the Zeppelin Group, subject to the antitrust authorities giving regulatory approval.

The takeover will happen in the context of an “asset deal” between Pon and Zeppelin. This means that those of Pon’s assets that are required for the transaction – such as land, buildings, machinery, patents, contracts etc. – will be transferred to Zeppelin. In addition, Pon employees’ existing employment relationships will migrate to Zeppelin, ensuring a seamless handover.

“We are proud that Caterpillar has expressed its confidence in us, and that we will be able to operate in additional countries. We will be offering our entire portfolio of new and used machines, service and spare parts in our new territories, as well as our equipment rental and service solutions package. We also offer the right products and services for the mining industry in the north of Sweden. Our experts have plenty of experience that enables them to capably meet the specific challenges of the mining business, as in the CIS countries, Zeppelin has been very successfully looking after customers in the raw material extraction sector for over twenty years. We see a lot of potential in these new markets, and we are pursuing a long-term growth strategy. We are sure that we will win over our clients in the new territories with our range of products and services,” Peter Gerstmann, Chairman of the Management Board of Zeppelin GmbH, said, commenting on the transaction.

Andreas Brand, Chairman of the Supervisory Board of Zeppelin GmbH, added: “Zeppelin is already one of Caterpillar’s biggest and most successful distribution and service partners worldwide. This trust-based cooperation, as well as Zeppelin’s experience in opening up international markets, is an excellent starting point from which to continue the success story of our foundation-owned company, and to achieve further growth.”

Alongside its sales and service partnership with Caterpillar, in Sweden and Denmark Zeppelin will also take over the SITECH companies, which specialize in the distribution and service of products from the American Trimble technology group. Trimble is the leading manufacturer of machine controls, GPS navigation systems and fleet management systems worldwide, offering both hardware and software for construction planning and for managing integrated construction processes.

Another element of the transaction is the takeover of assets related to the distribution and service operations for MaK engines – not only in Sweden, Denmark and Greenland, but also in the Baltic states (Estonia, Latvia, Lithuania), Finland, Iceland and the Faroe Islands. To facilitate this, Zeppelin will also acquire Baltic Marine Contractor (BMC), headquartered in Tallinn, Estonia, from Pon. MaK is one of the leading brands of premium marine engines and generators, as well as gas engines for power generation. You can find MaK engines in cruise ships, ferries, cargo ships, barges, offshore facilities, tugboats and recovery vessels, cutters and dredgers. The MaK brand also belongs to the Caterpillar Group. MaK engines are manufactured in Kiel and Rostock.

US-based company Caterpillar Inc. is the leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives in the world. Caterpillar sells its products in different countries and regions via independent distribution and service partners (dealerships).

Zeppelin has been active in the sales and service of Cat construction and mining equipment, as well as Cat and MaK engines, since 1954. Over the years, the Group has continuously expanded its geographic responsibilities as well as its portfolio of products and services. Today, Zeppelin offers these products and services not only in Germany, Austria, the Czech Republic and Slovakia, but also in much of the Russian Federation, in Ukraine, Turkmenistan, Uzbekistan, Tajikistan, Armenia and Belarus.

05.09.2019, Garching near Munich

Zeppelin Group acquires Luther Group

Zeppelin Group will acquire 100 percent of the shares in Luther Group, comprising Luther HL and METON, retroactively from January 1, 2019. As part of the acquisition, Zeppelin will transfer 100 employees to its Rental strategic business unit – a move that will support the company in strengthening its expertise in solutions in the areas of traffic guidance and transport technology.  

Luther HL and METON are leading providers in technology for traffic telematics solutions, LED signage, and mobile protective barrier systems, as well as assembly systems for transport facilities. They have extensive experience in the development and production of trend-setting traffic guidance technologies. In addition, they are established as a certified traffic safety company on motorways, federal roads, and in urban areas in Rhineland-Palatinate/Saarland and the adjacent federal states.

Zeppelin Rental itself has well-founded expertise in site and traffic guidance. Closing this regional gap takes the company one important step further in the expansion of its activities throughout Germany. Furthermore, Zeppelin Rental is strengthening its expert know-how and capacity for innovation in mobile traffic management, and is expanding its range of services relating to the development, production and Europe-wide sales of traffic guidance technologies. Customers benefit from in-house production – not only from innovative products but also a significantly increased level of flexibility, which is a critical factor for success in major, technology-intense projects.

“Luther HL and METON are ideal additions to our portfolio and expand our range of services and depth of added value significantly,” says Arne Severin, Head of the Rental SBU and Chair of the Management Board of Zeppelin Rental GmbH. “Increasing traffic levels and digitalization of transport infrastructure already necessitate intelligent dynamic solutions – a development that will continue to increase as a result of trends such as smart city, autonomous driving, connected cars, and big data. As a leader in technology, I believe that our role in all of this is to decisively shape the future of mobile traffic guidance and management, and to continue to meet the future requirements of our customers with innovative mobile traffic telematics and sensor solutions.”

Traffic telematics and sensors make an important contribution to road safety as well as to the reduction or prevention of traffic jams. A broad spectrum of technologies for the optimal sharing of information with drivers also plays an important role in the reduction of environmental pollution. These technologies can be used, for example, for monitoring height or weight restrictions on bridge constructions, congestion warnings, hazard signaling, and displaying information, for diversions or load-dependent variable traffic routing with lane signaling.

As part of the acquisition, Zeppelin Rental takes over three sites: Hoppstädten-Weiersbach in Germany, Levoča in the Slovak Republic, and Tuchoměřice in the Czech Republic. The business operations of the companies will continue under the established names. Luther HL GmbH & Co. KG and METON GmbH are wholly owned subsidiaries of Zeppelin Rental GmbH, while Levotec s.r.o. and METON s.r.o. remain subsidiaries of Luther HL and METON.

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Picture source: METON GmbH / Luther HL GmbH & Co. KG

Caption:

By acquiring Luther Group, Zeppelin is strengthening its expert know-how and capacity for innovation in mobile traffic management

24.06.2019, Friedrichshafen

Zeppelin Group makes top management appointments in Plant Engineering

Alexander Wassermann takes over as Head of the Zeppelin Group’s Plant Engineering strategic business unit. Axel Kiefer leaves the company at his own request

Garching near Munich/Friedrichshafen, June 24, 2019. On July 1, 2019, Alexander Wassermann (53) will take over the position of Chair of the Management Board at Zeppelin Systems GmbH, and in doing so will also become Head of the Zeppelin Group’s Plant Engineering strategic business unit (SBU). He succeeds Axel Kiefer, who is set to leave the Zeppelin Group at his own request on June 30, 2019.

Alexander Wassermann holds a degree in Process Engineering, and has many years of international experience in plant engineering and the management of autonomous business sectors. In recent years he has taken on a Managing Director role in various companies, including the Voith technology group. Over his many years of working with major corporate enterprises, Mr. Wassermann has acquired a vast wealth of technical and product expertise, as well as being highly knowledgeable when it comes to the changing needs and trends of the global plant engineering market. He has excellent connections within the industry, including close links to the region. Mr. Wassermann is married with four children. The Management Board of the Zeppelin Group and the entire workforce wish him every success in his new role.

Mr. Axel Kiefer, Head of the Plant Engineering SBU since April 1, 2015, opted not to extend his Management Board contract after it expired, and he will leave the company effective from June 30, 2019.

Having spent more than four years in the role, Axel Kiefer initiated and launched numerous projects to help develop the business unit. The Zeppelin Group is sad to see Mr. Kiefer depart and wishes him all the best for the future.

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Photo: Alexander Wassermann / © Zeppelin GmbH

06.06.2019, Garching near Munich

The Zeppelin Group opens a branch in St. Petersburg

The company remains committed to the Russian market. On June 5, 2019, the Zeppelin Group not only celebrated the opening of a new branch, but also marked 20 years of operation in Russia. The company is demonstrating its ongoing commitment to the Russian market by investing in a high-tech service workshop, spare parts warehouse, and office building.

“The Group’s 20 years of activity in Russia and continued expansion here is a real cause for celebration. We’re proud that we are creating new jobs with this branch, and in doing so contributing to economic stability and growth in the region,” said Andreas Brand, Chairman of the Supervisory Board of Zeppelin GmbH, during the opening ceremony.

The Zeppelin Group has been represented in north-west, central and south-west Russia since 1998. The company provides services for the delivery of a wide range of machines and engines from the global Caterpillar brand, including machines used in construction, mining, the oil and gas industry, and specialized forestry machinery from Finnish manufacturer Ponsse. The branch in St. Petersburg is both Zeppelin’s largest site in Russia and the key regional center serving the entire north-western region of the Russian Federation. A number of industrial and mining companies have sites in the region, and have an increased need for reliable and smooth-running machines.

“We are proud of our long-standing and trustful relationships to our customers in Russia. Our investment is a clear signal that we remain committed to the Russian market. The opening of our new site in St. Petersburg will allow us to raise the quality and scope of our services for our customers to new levels,” said Peter Gerstmann, Chairman of the Management Board of Zeppelin GmbH, on the steps taken by the Group.

The Zeppelin Group has invested a total of around 17.5 million euros in the company premises, which exceeds 40,000 m² in floor area and includes the regional central spare parts warehouse and a new office building, alongside a high-tech service workshop for machines and engines; the site is set to create more than 150 jobs.

Holger Schulz, Managing Director of Zeppelin International and General Manager of Zeppelin in Russia is delighted that the relationships built with Zeppelin customers over many years can continue to flourish: “The new regional sales and service center in St. Petersburg gives us a quicker and more efficient means of meeting our customers’ rising demands in respect of the maintenance and repair of their constantly expanding machine fleets in future. This

cutting-edge site also provides an outstanding opportunity to expand the range of services and solutions on offer.”

Despite the challenging geopolitical situation, the Zeppelin Group enjoyed considerable success in Russia in the 2018 fiscal year, with a total revenue of 320 million dollars. Long-time sales and service partner Caterpillar operates a plant close to St. Petersburg, producing hydraulic excavators and dumper trucks for the local market. The proximity of this plant also has a positive impact on our business. Caterpillar representatives Denise Johnson, Group President (Mining), Tom Pellette, Senior Vice President and Richard Kinsey, Vice President (Cat Finance), joined a number of high-ranking representatives from politics, business and the Zeppelin Group Management Board for the celebrations in St. Petersburg, helping to underline Caterpillar’s commitment to the Russian market.

 

Caption:

 

Photo 1: Inauguration of Zeppelin St. Petersburg branch: (from left to right): Dr. Eltje Aderhold, (German Consul General), Dr. Nicole Hoffmeister-Kraut, (Minister for Economic Affairs, Labour and Housing of the German Federal State of Baden-Wurttemberg), Volker Poßögel (Head of Power Systems SBU), Holger Schulz (General Manager of Zeppelin Russia), Andreas Brand (Chairman of the Supervisory Board of Zeppelin GmbH); Michael Heidemann (Vice Chairman of the Management Board of Zeppelin GmbH), Denise Johnson (Caterpillar Group President), Christian Dummler (CFO, Zeppelin GmbH)

 

© Zeppelin GmbH

 

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29.03.2019, Garching bei München

The Zeppelin Group completes the financial year with a new record

Targeted digitization and acquisitions contribute to success 

  • The Group Financial Statements are compiled in accordance with IFRS for the first time
  • Group sales: EUR 2.9 bn
  • Group earnings before taxes on income and earnings: EUR 131 m
  • Average workforce over the year: 8,502 (FTEs, including trainees)
  • Group Management Board expects conditions to be largely stable in 2019

Garching near Munich, Germany, March 29, 2019. The Zeppelin Group finishes the 2018 financial year having achieved the highest revenue in its history, and has once again exceeded the previous year’s result. Group sales totaled EUR 2.9 bn (previous year: EUR 2.62 bn), Group earnings before tax increased to EUR 131 m (previous year: EUR 97.7 m). In 2018, Creditreform Rating AG rated the Zeppelin Group’s creditworthiness as A- for the third consecutive time, and stated that its outlook is stable. The total investment volume was around EUR 279 m. The company is forecasting largely stable financial conditions for 2019.

“With revenue of EUR 2.9 bn, the Zeppelin Group has just completed the best financial year in the company’s history,” comments Peter Gerstmann, Chairman of the Management Board of Zeppelin GmbH. “We have further increased both our order entry and revenue in 2018. We also concentrated on driving forward the digital transformation of our existing business and the development of new digital business models.” Christian Dummler, Member of the Management Board and CFO of Zeppelin GmbH, adds: “Zeppelin compiled its Group Financial Statements in accordance with the International Financial Reporting Standards (IFRS) for the first time in 2018, as well as adapting the previous year’s figures to the new financial reporting standard. It is now far more straightforward for national and international business partners to assess Zeppelin’s financial performance and creditworthiness. In this way, we are taking our growing international importance into account and as such are very much fit for the future in respect of reporting and financial market communication.” The Group’s result gives Andreas Brand, Chairman of the Supervisory Board of the Zeppelin Group, reason to look with confidence to the current financial year: “The fact that Zeppelin has once again achieved a record result is proof of the extraordinary commitment and motivation of all of the Group’s employees. This is the ideal foundation for continued positive and stable development in 2019.”

Development of the Business Units

Zeppelin benefited from the consistently positive situation in the construction industry, with the result that the Construction Equipment EU strategic business unit (hereinafter: SBU) was able to maintain a high position – and in some cases even slightly expand its leading role – in the construction equipment market in Germany, Austria, Czech Republic, and the Slovak Republic; it also exceeded the revenue of the previous year. New products contributed to the result, such as the 320 GC, 320 and 323 tracked excavators which are setting new standards in the 20-25 ton class, while further developed and expanded digital services also played an important role.

The Construction Equipment CIS SBU significantly increased its revenue, and successfully completed the financial year despite growing economic and political restrictions such as the rise in import duties imposed by Russia. These limitations were counteracted by stable business activity in most of the SBU’s revenue markets: The construction machine industry is recording growth rates in almost all markets, and Zeppelin has achieved double-digit percentage growth for new machine sales. Zeppelin has moved away from business activities whose development has not met financial expectations. This includes the agricultural machinery business area in some regions of Russia, as well as the small Russian sales territory for the sale of commercial vehicles.

The 2018 revenue for the Rental SBU once again significantly exceeded the very good previous year. Zeppelin achieved an above-average share in market growth, and – through the acquisition of Baustellen-Verkehrs-Technik GmbH – further strengthened its presence in site and traffic guidance across Germany.

Revenue for the Power Systems SBU was based first and foremost on high turnover of new engines, and very good capacity utilization in the service and spare parts business. The sales and service of industrial engines proved to be particularly strong here. The AIDAnova is the world’s first cruise ship to be equipped with MaK dual fuel engines, supplied by Caterpillar and fitted by Zeppelin; this puts Zeppelin in a great position as interest in liquefied natural gas (LNG) engines increases. Alternative gas applications are also in demand for major and complete energy production systems, such as combined heat and power plants (CHP plants). Zeppelin has become established as a general contractor in this respect, for example with a new CHP plant for Stadtwerke Aachen.

The Plant Engineering SBU achieved very high order entry due to winning several major orders for the construction of plastic production plants in China. For the baking industry, Zeppelin has brought to market product innovations such as the CODOS NT kneading system, and the KROMix. It strengthened its market position in the rubber and tire production sector in 2018 through the acquisition of Italian company Nuova Ciba S.p.A.

The Z Lab SBU is committed to the development of digital solutions for the construction industry, using agile methods and innovative technologies to make the construction site of the future more efficient, more connected, and more automated. In 2018, a management solution for inventory management and scheduling for construction equipment was developed, and it is launched to market as zamics in 2019. In addition, the development of klickcheck, a solution for creating a digitized and automated issuing and return process for rental equipment, was worked on. This offering is supplemented by the klickrent platforms for rental of construction machines, and klickparts for the sale of spare parts and construction machines.

New Corporate Design

In our age of digitization and an ever-increasing flood of information, it’s essential for companies to have an easily recognizable brand, in order to remain both competitive and fit for the future. For this reason, in December 2018, Zeppelin added a figurative mark to its word mark, and changed the lettering color from gray to indigo blue. The Zeppelin lettering, which the company has been using since the 1970s remains unchanged, as does the corporate tagline “We Create Solutions” – an important expression of the Group’s identity.

Outlook for the 2019 financial year

The Zeppelin Group is working on the assumption of fundamentally stable economic conditions for the 2019 financial year, although there may be slightly less dynamic growth in some market segments. The uncertainty of the political situation may have a dampening effect on markets in Russia and the CIS countries in particular.

Consistently high demand for construction is to be expected, particularly in respect of civil engineering projects such as bridges and transportation routes. Zeppelin expects the bauma 2019 trade fair – the world’s largest trade fair, taking place in Munich in April – to create particular momentum for the construction machinery business as well as for machine and equipment rental, temporary infrastructure, and construction logistics.

In energy and propulsion technology, the trend towards smaller engines for industrial applications will continue, whereas in the combined heat and power plant/gas engine sector, large-scale plants from 20 MW will be increasingly important. The Group is working on the assumption of largely stable demand for drivetrain solutions for rail vehicles, as well as diesel emergency power systems in the data center segment.

Bulk goods solutions required in the recycling and battery production sectors offer growth opportunities into new markets for plant engineering.

The good starting situation and high level of existing orders for the Zeppelin Group enables a positive outlook for 2019.

bauma 2019

At bauma, Zeppelin will showcase 64 different construction machines in all size classes together with its partner Caterpillar. Exhibits will include 20 new introductions – more than ever before. A great deal of interest is expected for the next generation of mini-excavators, which are already equipped with low-consumption engines that meet emissions level V. Alternative drive systems that make construction machines cleaner, more efficient, and quieter, are also in demand: Zeppelin and Caterpillar are presenting the first fully electrically operated variant of the compact Cat 906 wheel loader.

Zeppelin will also be presenting innovations in the digital products and services sector, such as the virtual exploration of an engine installation project using VR glasses, which opens up potential for optimization even in the planning phase of engine installation. Traffic telematics solutions enable a greater degree of safety to be achieved in road traffic, as well as reduced traffic jams and increased environmental protection. New digital applications for innovative equipment management will simplify logistical processes on the customer side.

Additional information about bauma is available at https://wearebauma.com

Key figures at a glance

 

 

2018

2017

 

Revenue

 

 

 

 

Construction Equipment EU SBU

EUR m

1,315

1,210

 

Construction Equipment CIS SBU

EUR m

482

412

 

Rental SBU

EUR m

473

410

 

Power Systems SBU

EUR m

360

341

 

Plant Engineering SBU

EUR m

348

323

 

Z Lab SBU

EUR m

1

0

 

 

Group total

EUR m

2,897

2,622

 

 

 

Employees  (average for the year (FTEs), including trainees)

 

 

Group total

 

8,502

8,004

 

 

 

 

 

 

Cashflow from operating activity

EUR m

256.9

219.0

 

Investments

EUR m

279.4

223.4

 

Earnings after taxes

EUR m

90.0

63.0

 

SBU: Strategic Business Unit

All information in accordance with IFRS

 

 

 

 

 

Caption: The Management Board of the Zeppelin Group: Michael Heidemann, Peter Gerstmann, Alexandra Mebus, Christian Dummler.

© Zeppelin GmbH

This press release may be reproduced free of charge. Please notify us or send us a copy for our records.

 

17.01.2019, Garching near Munich

Peter Gerstmann, Head of Zeppelin Group, reconfirmed in role

On January 14, 2019, the Supervisory Board of Zeppelin GmbH extended Peter Gerstmann’s contract as Chairman of the Management Board by an additional five-year term, confirming the graduate business economist in office up until 2024.

Peter Gerstmann has been working for the global Zeppelin Group since 2000. Following various management positions, he took on leadership of the Group in 2010, when he became Chairman of the Management Board. 

Andreas Brand, Chairman of the Supervisory Board of Zeppelin GmbH, comments on the contract extension: “In Peter Gerstmann we have a very experienced manager at the top of the Zeppelin Group. After he took over management of the Group in 2010, his value-oriented business management yielded sustainable increases in sales, profit and headcount, and resulted in a stable market position for the company. The contract extension underlines our recognition of his high level of commitment, and we consider this step to be a sustainable safeguard for our foundation-owned company, which – with Mr. Gerstmann at the helm – is also ideally equipped for the digital future.”

“I’m delighted that Peter Gerstmann will be managing the Zeppelin Group for a further five years. On behalf of the workforce, where he is appreciated as a reliable manager and partner, we offer him our congratulations. We look forward to further collaboration, wish him the best of success in the continuation of his responsibilities, and will be very happy to go on providing him with our support,” concludes Heribert Hierholzer, Deputy Chair of the Supervisory Board of Zeppelin GmbH.

Peter Gerstmann is very pleased about the confirmation of his responsibility as Chairman of Zeppelin GmbH: “I’m delighted to be able to continue in my role at the top of the company in these exciting times. As a manager, the task of taking a tradition-rich, foundation-owned company such as Zeppelin into the age of digitalization is a challenging and hugely interesting one. It is also a great joy and honor for me to know I can continue successfully collaborating with my colleagues for the years to come. I would like to thank the Supervisory Board and the shareholder for their confidence.”

Caption: Peter Gerstmann, Chairman of the Management Board of Zeppelin GmbH

© Zeppelin GmbH

This press release may be reproduced free of charge. Please notify us or send us a copy for our records.