Quotes by Heinrich von Pierer

“There will be hunters and hunted, winners and losers. What counts in global competition is the right strategy and success.”

“For new jobs and more employment, we need stronger growth and we can only achieve that via innovation.”

“Fiscal 2003 will be a year of challenges, ... We will continue to focus on generating net cash from operations, though progress will be more difficult since we have already made significant improvements.”

“pursuing previously announced earnings targets despite the challenging fourth quarter and extremely difficult market conditions.”

“Our first quarter results are better than we expected, however we stand by the overall outlook we provided in December,”

“The margins of our groups continue to move towards their target ranges specified in Operation 2003.”

“We have been and will be conducting a radical portfolio review process in the U.S., ... The objective is to assess the positioning of our divisions there to obtain critical mass and raise profitability.”

“The market will need some time to understand this is a very positive report,”

“Despite the challenges being faced by individual groups, we are again aiming for a considerable increase in earnings. The key figures for the first quarter show that we are on the right track.”