Lindner says it started 2020 with a full order book

Spittal an der Drau, Austria-based processing equipment maker Lindner Recyclingtech says it enjoyed healthy sales figures in 2019, and even with COVID-19 and related economic restrictions in place, it is optimistic “the company will overcome the crisis in a positive light.”

In a late April news release, Lindner says “work on the production floors is still in full swing” at its two Austrian manufacturing plants.

The company also states, “The group of companies around Lindner Recyclingtech markedly exceeded revenues of €100 million ($109.6 million) last year and was able to start 2020 with full order books.”

Comments Lindner Chief Financial Officer Hans Sagerschnig, “Since 2016, sales have risen by roundly 70 percent. Needless to say, we are very pleased about this development. But what is much more important in view of the COVID-19 crisis is our strong equity ratio of more than 65 percent. That makes us a stable and reliable partner for our clients even in challenging times.”

Looking ahead, Sagerschnig adds, “Thanks to our entire team’s good performance and camaraderie, we are certain to successfully overcome the crisis and continue to be a dependable employer in the future.”

Tying in with the financial report, Lindner says a European credit rating that was recently published designated the Lindner Group as having “the top rating, proving that the company stands on a firm footing.”

Lindner says its family business has been offering shredding equipment for decades, serving the municipal solid waste (MSW), commercial and industrial waste, scrap wood, plastics, packaging materials, paper and light scrap sectors.