Schaltbau Group announced sales results for the fourth quarter and full year of 2013. For the fourth quarter, the company reported sales of EUR 95.4 million. The group's order-intake totalled EUR 91.4 million compared to EUR 87.7 million for the same period a year ago.

For the year 2013, the company's sales rose by 7.9% to EUR 391.5 million compared to EUR 362.8 million in 2012. All three segments reported higher sales than in 2012, with the Mobile Transportation Technology segment performing particularly dynamically. Sales of the Door Systems for Railway Vehicles product group rose sharply on the back of the ongoing success of the segment's BIDS technology. Within the Stationary Transportation Technology segment, the decrease in sales recorded for Rail Infrastructure business was more than offset by the increase achieved with Brake Systems. The Components segment profited in particular from series deliveries of high-voltage contactors to Russian Railways as well as from strong demand for switches. Order-intake also developed positively for the Schaltbau Group and rose by 5.0% to preliminary EUR 391.0 million compared to the previous year of EUR 372.3 million.

For the year 2014, the company expects sales to be EUR 410 million.