Belron Reports 5 Percent Worldwide Decrease in Jobs
for First Quarter
Belron experienced a 5 percent drop worldwide in repair and
replacement jobs for the first quarter from the same period in 2010, according
to parent company D’Ieteren’s first-quarter financial report. The company
completed a total of 2.9 million jobs total throughout the world for the
The percentage of total jobs that were windshield repair jobs was down
for the quarter as well, though specific numbers are not provided in the
Overall, Belron officials report a worldwide increase in sales of 3 percent
for the first quarter, when compared with 2010, but attribute the increase
to acquisitions (1 percent) and a favorable currency impact due to the
stronger U.S. dollar (2 percent).
However, company officials say compared to last year, sales were comparatively
flat, “reflecting mild weather compared to the exceptional 2010 conditions
predominantly in Northern Europe.”
In Europe, Belron experienced sales growth of 2 percent—1 percent from
acquisitions and 1 percent from a positive currency impact of the stronger
GB pound. Outside Europe, the company saw sales growth of 5 percent—1
percent of which was acquired growth, and 4 percent from currency translation.
“Despite a more favorable winter in Canada, like-for-like sales were flat,
reflecting lower marketing activity in the United States and continued
difficult marketing conditions in Brazil,” writes D’Ieteren.
D’Ieteren projects moderate organic sales growth for Belron for the rest
of the year.
Pilkington Parent NSG Reports Strong Demand Across World for Auto Glass
Pilkington parent company NSG Group appears optimistic with regard to
the worldwide auto glass market in its annual report for fiscal year 2011.
“In the automotive business, the cumulative result was significantly ahead
of the previous year, due principally to strong demand across all of the
Group’s main automotive markets,” writes the Japan-based company.
NSG officials say overall original-equipment (OE) volumes were significantly
higher in most regions, compared with the previous year, and that the
auto glass replacement market is gradually improving throughout the world.
The company reports that its North American OE revenues “were significantly
above the previous year.” NSG attributes the growth to increased volumes,
along with cost savings and efficiency gains,” and also reports profitability
for the auto glass replacement market in the North American region. North
America comprised 21 percent of the company’s automotive sales for the
In Europe, which makes up 47 percent of the company’s automotive market,
NSG officials say they again saw growth in the OE sector, and that “local
currency revenues increased strongly from last year’s levels, due to robust
volumes, with a consequent improvement in profits.” In the auto glass
replacement business, NSG officials say local currency results were similar
to the levels of the previous year.
In Japan, representing 17 percent of NSG’s automotive sales, revenues
were slightly above the previous year. However, the company reports that
improved demand in the first two quarters was offset by reductions in
volumes when the Japanese government ended its incentive program for purchasing
environmentally friendly vehicles, followed by the March 11 earthquake.
The auto glass business makes up approximately 46 percent of NSG.
Saint-Gobain to Invest in China Plant
Saint-Gobain Sekurit has announced the construction of its second auto
glass plant in China. The plant will be built in the Shandong province
of Qingdao, close to the Group’s float glass production site.
According to a company statement, Saint-Gobain Sekurit plans to invest
approximately $74 million (U.S. dollars) in the plant in three phases
between now and 2014. The first manufacturing line will be opened mid-2012,
and, as the market grows, the company plans to gradually increase the
plant’s production capacity.
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