Press release
Download press releaseInvestor Relations Team of Demag Cranes Receives Award
European Financial Analysts Give Third Place to CFO Rainer Beaujean
Düsseldorf, 06 May 2010. The international finance magazine “Institutional Investor” has given an award to Demag Cranes AG for its investor relations work (IR). CFO Rainer Beaujean was voted third in Europe in the “General and Mechanical Engineering” category by the financial analysts in the survey.
The result is part of an investor relations study in which some 1,100 financial analysts and almost 650 portfolio managers throughout Europe took part. Besides evaluating day-to-day IR work in companies, the capital market participants in this study also assess the individual commitment of CEOs, CFOs and IR managers in capital market communications.
About Demag Cranes AG
The Demag Cranes Group is one of the world’s leading suppliers of industrial cranes and crane components, harbour cranes and terminal automation technology. Services, in particular maintenance and refurbishment services, are another key element of the Group’s business activities. The Group is divided into the business segments Industrial Cranes, Port Technology and Services and has strong and well-established Demag and Gottwald brands. Demag Cranes sees its core competence in the development and construction of technically sophisticated cranes and hoists as well as automated transport and logistics systems in ports and terminals, the provision of services for these products and the manufacture of high-quality components.
As a global supplier, Demag Cranes manufactures in 16 countries on five continents and operates a worldwide sales and service network that is present in over 60 countries through its subsidiaries, representative offices and a joint venture. In financial year 2008/2009, the Group, with its 5,934 employees, generated revenue of EUR 1,047.6 million. Since the end of June 2006, the Demag Cranes share (WKN: DCAG01) has been listed in the Prime Standard of the German Stock Exchange and is traded on various indices including the MDAX®.
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