Fastener Shanghai
fastener
fastenerHomefastener
fastener
fastenerNewsfastener
fastener
fastenerfastenerBuyers' Guidefastener
fastener
fastenerStandard Searchfastener
fastener
fastenerFor Buyersfastener
fastener
fastenerFor Suppliersfastener
fastener
fastenerMagazinefastener
fastener
fastenerTrade Showsfastener
fastener
fastenerMy Officefastener
fastener
fastenerPost Inquiriesfastener
Home->Fastener News->WüRTH GENERATES EUR 6.4 BILLION IN THE FIRST SIX M...You are the 256762 visitors
Views:514   |   recommendation:   |   Votes:0   |   Discuss:0
WüRTH GENERATES EUR 6.4 BILLION IN THE FIRST SIX MONTHS OF 2017

--Sales increase by 7.8 percent to EUR 6.4 billion
--Operating result increases by 21.8 percent to EUR 335 million
--Number of employees grows to 73,172

The Würth Group, global market leader for trading in assembly and fastening materials, generated sales of EUR 6,391 million in the first half of 2017, which corresponds to an increase of 7.8 percent on last year. In local currency terms, this translates into growth of 7.1 percent. The development in Southern and Eastern Europe is especially pleasing. The German group reports 5.2 percent growth.

“Adolf Würth GmbH & Co. KG, the Würth Group’s parent company, opened its 450th branch office in Horb am Neckar in May. No matter if it is our brick-and-mortar business, our e-shop or our many sales representatives - even the tiniest unit influences the Group’s clout. Our challenge is to show the added value that we offer with each of our distribution channels and to motivate the customer to make use of them,” says Robert Friedmann, Chairman of the Central Managing Board of the Würth Group, to give an example for the strategic orientation of the trading group. The development of the operating result is pleasing. Thanks to growth of 21.8 percent, the Würth Group reports an operating result of EUR 335 million in the first half of 2017.

Employees

In the first half of 2017, the number of employees worldwide increased by 2.5 percent to 73,172 (December 2016: 71,391). The Würth Group employs 32,034 people in the sales force worldwide. The German group has 22,223 employees on the payroll.

Source: Wurth Group

2017/9/7 14:38:00

Previous:    Bossard Reports Semi-Annual Earnings Growth & High Profitability
        Next:    Plane purchases expected to top trillion-dollar mark in 20 years

Recent Related News
Siemens is cutting 6,900 jobs, mostly in Germany and U.S.--2017-11-17
SKF launches next-generation hydraulic bolts for rotating flanges--2017-11-16
Grainger Reaffirms 2017 Outlook, Expects 5% MRO Growth In 2018--2017-11-15
The Hillman Group Acquires Specialty Fastener Company--2017-11-14
Fastenal Rings Nasdaq Opening Bell, Reports More Strong Sales In October--2017-11-13
Würth Industry North America Acquires Weinstock Bros. To Boost Fastening Portfolio--2017-11-06
PennEngineering Sues Pinconn for Infringement--2017-11-06
SAMAC's Performance Plus TORX Head High Performance Screws--2017-10-31
Dongtai Huawei to Attend Korea Metal Week 2017, Booth No. 8a103, Welcome to Visit Us!--2017-10-20
Onsite, Vending Power Accelerated Growth For Fastenal In Q3--2017-10-17
Bossard Q3 U.S. Sales Boosted By Acquisition, Tesla Partnership--2017-10-17
MW Industries Acquired by American Securities--2017-10-09

Vote for this news?

fastener(Very Good)
fastener(Good)
fastener(Normal)
fastener(Bad)
fastener(Very Bad)


Discuss
More Discuss...
Your Name: Anonymous

Enter the code shown:fastener1fastener

Fastener Shanghai


China Fastener Directory
Get it FREE!
fastener
Get your CFD at the following shows:

• M-Tech Osaka, Oct 4-6, 2017, Japan

• National Industrial Fastener & Mill Supply Expo, October 17-19, 2017, USA



Show Room



Offer Product

Latest News
• What's new at wire & Tube Düsseldorf, the world's leading trade fairs for wire, cables and tubes in 2018?

• Siemens is cutting 6,900 jobs, mostly in Germany and U.S.

Buyers' Guide
Company News

• JIN CHI MACHINE: Precision High Speed Screw Manufacturer

• Zhejiang Minmetals Huitong: Ensuring Satisfied Customers

The Way to Enter Chinese Market
The Way to Enter Chinese Market


fastener