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 GROUP ACHIEVES RECORDS IN SALES AND OPERATIN...You are the 430973 visitors
Views:897   |   recommendation:   |   Votes:0   |   Discuss:0
WüRTH GROUP ACHIEVES RECORDS IN SALES AND OPERATING RESULT

--Sales grow by 7.5 percent to new record level of EUR 12.7 billion
--Operating result also at record high
--E-business share continues to grow

According to the preliminary annual financial statement, the Würth Group reports a sales volume of EUR 12.7 billion in 2017 (previous year: EUR 11.8 billion). This corresponds to a growth of 7.5 percent. Adjusted for foreign currency effects, growth comes to 7.9 percent. In particular, companies in Eastern and Southern Europe grew dynamically. With respect to the business units, Electronics and Production show above-average growth rates.

Operating result

According to preliminary calculations regarding the operating result, a new record amounting to EUR 760 to 770 million is expected. This is a considerable increase over the previous year (2016: EUR 615 million). “These figures motivate us and prove us to be on the right track implementing our multi-channel strategy. E-business is gaining momentum: so with our developments and services, which we tailor to the needs of our customers, we have our fingers on the pulse of time. We must ensure speed, reliability and availability. These aspects are important to our customers,” Robert Friedmann, Chairman of the Central Managing Board of the Würth Group, declares himself satisfied with the preliminary figures. In 2017, e-business sales grew above-average by 19.3 percent.

Employees

The number of employees increased by 2,634 from 71,391 to 74,025 in 2017. In Germany, the number of employees amounts to 22,620 corresponding to an increase by 4.3 percent. The Group currently has 32,295 sales force employees on the payroll.

The next press conference on the Würth Group’s annual financial statement will be held at Kunsthalle Würth in Schwäbisch Hall, Germany, on 8 May 2018.

Source: WÜRTH GROUP

2018/1/10 17:16:00

Previous:    German industrial orders decrease unexpectedly in November
        Next:    China adjusts tariff policies for major equipment imports

Recent Related News
Dongguan STL: Practice Brand Concept By Setting up Fatigue Test Center--2018-06-08
Germany's Billionaire 'Screw King' Tightens the Screws on the U.S.: No More Investment Until Trump Goes--2018-06-08
Fastenal To Build New Mississippi Distribution Center By 2019--2018-06-06
Sundram Fasteners Q4 standalone net up 8.62%--2018-05-15
NORMA Group to acquire water management company in India--2018-05-09
Large Customers Power Fastenal's Continued Strong Growth In April--2018-05-08
MSC Acquires Fastener Distributor All Integrated Solutions For $86M--2018-05-03
Dongtai Huawei Standard Component Corporation: Develop New Products, Target on Mid and High-End Markets--2018-04-28
Wuxi Anshida Hardware Co.,Ltd: Pursue Perfection with Persistence--2018-04-24
NORMA Group Buys Nashik-Based Water Management Firm KPSL--2018-04-23
Bossard Marked Sales and Profit Growth –Record Profitability --2018-03-30
Anixter Moves Flagship European DC To Lichfield, U.K.--2018-03-29

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:fastener3fastener

Fastener Shanghai


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

•Manufacturing Expo Thailand, Jun 20-23, 2018, Bangkok, Thailand

•Vietnam Manufacturing Expo, Aug 8-10, Hanoi, Vietnam

•Fastener Shanghai 2018 - Shanghai Fastener & Tech Show, Sept 26-29, 2018, Shanghai, China



Show Room



Offer Product

Latest News
• NEW FASTENER TECHNOLOGY FROM TEN COUNTRIES IS EXHIBITED AT FASTENER FAIR MEXICO 2018

• Import Now To Beat Tariffs On Goods From China? It Will Cost

Buyers' Guide
Company News

• Wuxi Anshida Hardware Co.,Ltd: Pursue Perfection with Persistence

• Zhejiang Minmetals Huitong: Ensuring Satisfied Customers

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


fastener