VOLK - Record Braking Results in 2006

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	VOLK sets a turnover record in fiscal year 2006

again

Bad Waldsee, 08.01.2007: In the past fiscal year 2006 VOLK set another turnover record.

After achieving sales growth in the double-digit range in the preceding year, the company increased its sales yet again by more than 20 % in 2006. VOLK capitalized on the cyclical upturn during the past two years better than any of its competitors thus reinforcing its competitive position lastingly and increasing its market share.

This leap in turnover was due not only to a persistently strong demand from the industrial sector but also to
continued growth in the airport sector. Thus the share of sales to airlines and ground handling companies ex-
ceeded 40 % for the first time in 2006. Major new cus-
tomers acquired in this business area included the air-
line Air Canada as well as Düsseldorf and Cologne/
Bonn airports.




	In fiscal year 2006 VOLK has increased sales by 20 percent

With a share of sales of about 40 % foreign business was also a significant driving force for the company’s growth. The majority of foreign customers came from the member states of the European Union, with Eastern European states gaining in importance most recently. Vehicles were also sold on a large scale in North America for the first time in 2006.

To meet the production requirements of the increased sales volume, VOLK’s staff was enlarged again in the past year. In addition, the plans for extending the production area have largely been concluded in the meantime. Thanks to these measures and in view of the orders on hand, VOLK anticipates a further increase in sales and operating profit also in 2007.


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