According to current projections, the world economy will gradually recover. These projections remain subject to uncertainties, however, due to the current debt situation in some European countries.

Regarding business development in the Demag Cranes Group, we intend to continue reinforcing our market position in the markets relevant to us in financial year 2009/2010. The recovery in order intake is to be considered a positive indicator for a good fourth quarter of 2009/2010. For the full year 2009/2010, the Management Board anticipates Group revenue of approximately EUR 900 million and operating EBIT of EUR 45 to 50 million. Capital expenditure ought to slightly exceed the previous year’s level. This corresponds to our previous announcements concerning the outlook for financial year 2009/2010. We aim in general to continue rigorously aligning our Group to growth and greater efficiency. The focus of growth is on foreign markets.

In implementing our restructuring and integration activities, we have not only successfully navigated our Group through the crisis so far: we are also rendering it more competitive in readiness for a future economic recovery and are laying the foundations for sustained growth.

Overall, the Demag Cranes Group has a solid financial basis. We are also already well positioned in the key markets.