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Investments remain at a high level |
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| Investments (blue) and depreciation (gray) [EUR in millions] |
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Voith again made substantial investments in strengthening productivity and in the strategic orientation of the Group. The total volume of capital expenditures by the Voith Group in the 2010/11 fiscal year was €211 million (previous year: €234 million). The investment ratio of 3.8% of consolidated sales (previous year: 4.5%) underscores our long-term corporate strategy, which we, as an innovative technology group, consider necessary.
The value of investments in the year under review was once again significantly higher - by €22 million - than depreciation and amortization of €189 million (previous year: €163 million). |
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