Würth Group Closes First Half Of 2018 With Sales Of Eur 6.8 Billion
The global market leader in the trade with fastening and assembly materials expands sales by 6.5 percent. Adjusted for exchange rates, sales growth even stands at 9.0 percent. The operating result increases to EUR 400 million.
Künzelsau. In the first six months of 2018, the Würth Group reported sales of EUR 6.8 billion. This corresponds to an increase of 6.5 percent. Adjusted for foreign currency effects, growth comes to 9.0 percent. The companies in Germany achieved sales growth of 7.9 percent and total sales of EUR 2.9 billion, while sales growth abroad amounted to 5.4 percent. The Würth Group’s companies in Eastern and Southern Europe are still developing very well, reporting sales growth rates in the double digits.
Adolf Würth GmbH & Co. KG, the Würth Group’s parent company, reported a new monthly sales record of more than EUR 150 million in June. In the first six months of 2018, the largest single company of the Würth Group generated sales of EUR 811 million.
The Würth Group’s operating result improved by 19.4 percent to EUR 400 million in the first half of the year. “We are satisfied with this above-average increase in profits,” Robert Friedmann explains.
Investments in logistics
In June, Adolf Würth GmbH & Co. KG celebrated the groundbreaking for its new freight hub in the Gewerbepark Hohenlohe industrial area directly next to the A 6 highway – an investment in the company’s continued growth. The objective is to avoid split deliveries and consolidate individual order items to make sure customers receive only one shipment in the future. Apart from the high quality of its products, Adolf Würth GmbH & Co. KG will continue to develop its range of services to expand the partnership with its customers even further. Around EUR 73 million will be invested in the new European transport hub that will be erected on a surface area of around 50,000 m² – 20 percent of all orders handled there will be shipped directly to other European countries.
The number of employees increased by 1,975, from 74,159 at the end of 2017 to 76,134 in the first half of 2018. In Germany, the number of employees amounts to 23,305, an increase by 4.9 percent on the previous year. The Group currently has 32,898 sales force employees on the payroll.
Date : 21.09.2018