VOLK Sets a New Sales Record in Fiscal Year 2007

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	VOLK Sets Another Sales Record in Fiscal Year 2007

Bad Waldsee, 21.01.2008 – VOLK draws a positive ba-
lance for the business year 2007. With around 230 de-
livered vehicles, the company has surpassed its previ-
ous sales record from 2006 by eleven per cent.

“2007 was the third year in a row for VOLK in which we were able to achieve double-figure growth rates” com-
mented the Managing Director Dr. Matthias Baur on the gratifying results. He sees the company’s market posi-
tion significantly strengthened through this.

In spite of a large price increase in the procurement markets – especially for raw materials such as steel, copper and lead, as well as the vehicle components manufactured of these, such as vehicle frames, electric motors and traction batteries – the financial results were also above expectations.

All strategic business fields contributed to this positive




	In 2007 more vehicles were delivered than ever before in the company's history

development. In the industrial vehicle sector, the demand for special purpose vehicles increased particularly strongly. So-called „checker vehicles“ were developed for the Hamburg port operator HHLA, for example, which are used in the incoming and outgoing inspection of containers in the port's own railway terminal. For the Hoesch Steel Compa-
ny, a diesel platform truck with a load capacity of 25 tons was built for use in transporting heavy steel coils.

In the airport vehicle sector, VOLK was able to win several new customers in 2007. Particularly noteworthy is Avia-
partner, the Belgian ground handling company which currently operates at 38 airports in Europe. VOLK received follow-up orders from numerous existing customers in 2007, which reflects their high degree of satisfaction with the products from Bad Waldsee. As examples for these, Dr. Baur names Düsseldorf Airport, Cologne/Bonn Airport and Innsbruck Airport. A special highlight of this year was the renewed participation in the leading international trade fair Interairport Europe, from which further growth impulses are expected for VOLK's airport business in the coming year.

Aside from a continuously strong domestic demand, foreign markets also showed very positive development once again. New customers were won in the past year in particular in Great Britain, France, Belgium, Poland, the Czech




	Full speed ahead – we have a lot of plans for the business year 2008

	Republic and Slovakia, as well as in Romania, Austria and Switzerland. „We are absolutely convinced that the boom in industrial and airport vehicles will continue in 2008 and that we will continue to grow faster than the market“, said Dr. Baur. He bases this prognosis among other things on the current volume of orders, which is more than twice as high than the comparable figure from the last year. In spite of a significant expansion of capacity – a total of nine new employees were hired in 2007 – production continues to operate at its limit.


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