Anti-panic function Locking function for escape doors. In cases of emergency – involving a fire, for instance – a locked door may be used as an escape route. Doors and locks can be equipped with different panic functions to suit the requirements in question.

Artemis Beteiligungen I AG Affiliated company that is controlled by Michael Pieper and has been the main shareholder in Arbonia AG since December 2014.

Cash flow Positive or negative surplus cash arising from commercial activity, measured over a certain period. Cash flow can be used to evaluate how financially strong a company is.

Coextrusion A technique for manufacturing multilayered products. Material from the main extruder is combined with a second material that is extruded – in other words, moulded – using a small extruder (or coextruder). This creates a multilayered product.

Comfort ventilation / residential ventilation A mechanical form of ventilation, used for ventilating residences with heat recovery. An integrated heat exchanger is used to transfer heat energy from the exhaust air to the outside air supply. Residential ventilation ensures that air is replaced in the building at a defined rate, creating a hygienic means of air exchange.

Consolidation The process of combining the individual annual account items of all the companies belonging to a group, in order to form a consolidated financial statement.

CRYSTALL™ electromechanical filter Patented, electromechanical active filter that is used in order to not only remove pollutants in indoor air – such as tobacco smoke, dust, fibres and microbiological substances including bacteria and fungi – but also create a significant reduction in the operating costs associated with a ventilation or air-conditioning system. The mechanical part of the filter can be washed, making its service life almost unlimited.

EBIT Earnings Before Interests and Taxes: a companys operating results before interest and taxes are taken into account.

EBIT margin Indicates EBIT in relation to revenue.

EBITDA Earnings Before Interests and Taxes, Depreciations and Amortization: a company’s operating results before interest, taxes, depreciation and amortization are taken into account. EBITDA is one of the most meaningful figures in evaluating a company’s earning power.

EBITDA margin Indicates EBITDA in relation to revenue.

EFQM Excellence Award A European prize for quality. It requires an application, and its assessors perform extensive investigations during visits to the company premises.

Fan coils Depending on the temperature of the flow water for a connected water heater / chiller, fan coils are able to heat, cool and dehumidify a room, and are able to provide ventilation and the option of filtering indoor air in fan-only operation. This results in maximum comfort with optimum room air quality. A fan radiator is able to heat (but not cool) a room by means of convection when the fan is switched off.

Free cash flow The operating cash flow minus cash flow from investing activities; illustrates how much cash remains free for shareholder dividends and/or any repayment of debt financing that may be required.

Free float The free float is the portion of the total number of a company’s shares that is not in fixed ownership. Small portions owned by private investors are also included in the free float, even though they are essentially in fixed ownership.

Goodwill In accounting, goodwill represents an intangible asset within the company that arises through the acquisition of other companies or parts of companies in return for payment.

Heat pump Draws its heat energy from the air, groundwater or soil, and uses this extremely efficiently to generate the heat required for heating drinking water and rooms. Compared to heat pumps, no other kind of heat generator is a more environmentally sustainable solution or is more fit for the future.

Jib The horizontal component of a crane that enables the load to be lifted and lowered. Attached to it is a moveable trolley with hoisting gear, which can be used to raise and lower the load into various positions.

Net indebtedness The total that remains when cash and cash equivalents are deducted from non-current liabilities. This indicates how much cash would be available for repaying loans if the cash and cash equivalents were already used up and the company had to liquidate its current assets.

Photovoltaics The process of converting light energy, usually derived from the sun, directly into electrical energy using solar cells.

Post-and-beam construction A façade system made up of supporting profiles. It can be used to create large openings as well as entire façade areas. It is normally applied in projects that involve installation at significant heights or very wide panels.

Product standard EN 16034 This European product standard is part of a wide range of standards covering windows, doors and gates. EN 16034 deals exclusively with fire and / or smoke protection properties.

Protectionism A trade policy implemented by a nation in an attempt to protect its domestic economy against foreign competition. This kind of barrier primarily takes the form of customs duties and quantity-based quotas for imports, as well as subsidies for the domestic economy.

RC (resistance class) Describes the resistance class that is present in intruder resistance systems. The individual classes equate to certain levels of security against intruders, where RC 1 represents the minimum required level of basic protection and RC 6 represents successful resistance to an intruder by means of high-performance electrical appliances.

Sedimentation and neutralisation tank Water on building sites is often very turbid, and cannot be drained back into the environment unless sufficient sedimentation has been carried out to remove solids. In a sedimentation tank, undissolved substances that are capable of settling are mechanically removed with the aid of gravity using the sedimentation principle. In this process, the rate at which the waste water flows through the tank is reduced to the point at which the settleable solids are able to reach the base of the tank before the water exits it. It is also essential to neutralise waste water, particularly where work involving concrete is being carried out. This takes place in a neutralisation tank by adding CO2.

Surface heating Surface heating is a catch-all term covering various types of heating and cooling, and denotes a process in which heat is emitted or absorbed via the surfaces of the components in a building.

Synergy A positive effect that arises from the merger or cooperation of two or more organisations / companies. Synergy effects represent competitive advantages that are usually gained through cost savings. A synergy effect requires interaction between factors that encourage one another or have a more significant effect when they are working together rather than independently.

Top slewing crane The slewing gear is located at the top end of the crane tower. When slewing motions are performed, the only parts that move are the jib and the counter jib opposite it. The crane tower is permanently mounted on the X-shaped foundation. At the bottom slewing crane, on the other hand, the crane tower is mounted on an undercarriage and the jib is permanently connected to the crane tower.

Tower slewing crane (also known as a tower crane) Hoisting machinery for vertical and horizontal loading. Due to the built-in slewing ring, the crane is able to execute both vertical hoisting and three-dimensional motions, and is also able to set the load down at a different point from which it picked it up.

Unit heater Can be used as a wall-mounted or ceiling-mounted unit in low-temperature heating systems and in cooling operation (depending on the model), in both industrial and commercial applications. It offers excellent value for money, is easy to install, and takes very little time to regulate. The wide range of models available means there is something to suit any project, ensuring rapid heat exactly where it is required.