View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
January 27, 1987

DEUTSCHMARK RISE CRIMPS NIXDORF GROWTH

By CBR Staff Writer

Nixdorf Computer AG yesterday announced 1986 turnover up 15% at Dm4,510m, about $2,300m, and said it would have been higher but for the rise in the Deutschmark against almost all other currencies. The company, which will report profits for 1986 in April, says sales in Germany were up 21% but foreign sales, expressed in marks, rose only 9%, so that Germany accounted for 52% of turnover. Nixdorf expects profit growth to come out ahead of turnover growth. It says that orders at the end of the year were up 13% at Dm4.430m, and employment at the Paderborn company was up by another 2,300 people at 25,600. It invested Dm600m on research and development in 1986; capital expenditure was Dm420m.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED
THANK YOU