SHW AG strengthened the management team of the Pumps and Engine Components business segment. Mr. Peter Klomann, former ixetic manager joined the company as Head of Quality Management for the Pumps and Engine Components business segment as of 1 June 2013.

The company announced sales results for the second quarter of fiscal 2013. As a result of new product launches and a shift of the product mix towards more complex pumps, the company was able to continue to uncouple from the negative market trend, achieving group sales of EUR 91.6 million which is equivalent to a 7.1% rise in sales.

The company provided earnings guidance for the second quarter of fiscal 2013. The management board is expecting an improvement in the EBITDA margin for the second quarter 2013 compared to the 9.4%, the figure recorded for the first quarter of the year.