At K 2004, Mannesmann Plastics Machinery GmbH reported that its sales grew 10.5 percent in fiscal 2004 to 1.25 billion euros ($1.52 billion).
Top executives also said the world's largest plastics machinery maker turned a profit in the period, which ended Sept. 30.
MPM leaders announced the financial results Oct. 25 at the Dusseldorf show.
Munich-based MPM sells injection molding machines, extruders and other equipment under the brand names of Krauss-Maffei, Demag Plastics Group, Netstal, Berstorff and Billion.
MPM's 10.5 percent sales gain in 2004 comes after several years of flat sales. Pepyn Dinandt, MPM chief executive officer, said the company had a 25 percent increase in earnings before interest, taxes, depreciation and amortization. He did not reveal specific EBITDA or net profit figures.
The largest MPM unit, Krauss-Maffei Kunststofftechhnik GmbH, generated the group's largest sales increase. KM in Munich reported 535 million euros ($651 million) in 2004 sales, up 14 percent from the year before.
Companywide, MPM generated three-quarters of its sales from injection presses, 15 percent from extruders and 7 percent from reaction injection molding equipment, according to Holger Engelmann, chief financial officer. He said all three sectors are profitable.
MPM leaders have said they want to increase the extruder part of their business - perhaps by making an acquisition. Dinandt said MPM wants to grow profitably, so it always looks at expansion, either by internal growth or buying a company.
``We looked at certain [extruder] companies and then, for whatever reason, we did not take the step of actually buying,'' he said.
MPM is owned by Kohlberg Kravis Roberts & Co., a New York-based buyout firm. KKR bought MPM in 2002, and the plastics machinery world is wondering how long it will take before KKR sells it or takes it public.
Dinandt said MPM's 2004 financial numbers ``are in line with our targets.'' But he declined to talk about any initial public offering or sale - saying the executives from Munich at the news conference are charged with operating the company.