Page 16 - Landis+Gyr | Company Profile 2013 - 14

Performance & Reporting Manage Energy Better Forward-Thinking People Sustainability Offering & Portfolio Management & Contacts Asia Pacific In 2013/14, sales in the Asia Pacific region declined by 23.7 %. The financial year under review was greatly influenced by unfavorable Preparing for Smart Meter Rollout in Japan Oliver Iltisberger, Executive Vice President Asia Pacific market conditions, including Landis+Gyr’s Asia Pacific organization quickly delayed Advanced Metering Infra- adapted to the altered market conditions by adjusting structure decisions and adverse its cost structures to cope with the temporary con- traction in volumes in the years to come. Following the currency movements. In spite Group’s substantial efforts to meet the requirements of this, we are increasing our capa- of Tokyo Electric Power Company (Tepco) in a large- city for future growth, including scale energy infrastructure upgrade project awarded to Toshiba and Landis+Gyr in May 2013, the regional increasing the R&D resources at Asia Pacific management is currently evaluating the Group Development Center at opportunities to establish a new group company in Noida by 17 %. the Japanese market focused on distribution and cus- tomer service. Landis+Gyr’s Group Development Center in Noida, India, is working on specifications tailor-made to the needs of the Japanese market, where an acceleration of the Smart Meter rollout is Employees +46 1,228 expected once the Tepco project has paved the way. Landis+Gyr Asia Pacific also plans to play a key role in future Smart Metering projects in Japan, building on Toshiba Corporation’s excellent customer network. 2012 / 13 Total 611 326 245 1,182 Joining New Zealand’s Electricity Providers In pursuit of a new business model for the New 2013 / 14 Total Zealand energy market, SmartCo, a joint venture of 602 397 229 1,228 New Zealand transmission line companies, selected 49 % Operations Landis+Gyr as a preferred Smart Meter vendor for the 32 % R&D inclusive Product Management deployment of an advanced electricity network in 19 % SG & A New Zealand. Our solution for SmartCo, which will bring together New Zealand’s electricity distributors Sales 3rd in million USD 203.3 Total 2012 / 13 266.4 Total – 23.7 % 2013 / 14 203.3 | 16